IN HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 350-6 ITA-327-2017 (O&M) Date of decision :26.08.2019 Pr. Commissioner of Income Tax, Rohtak Appellant versus Atlas Cycles (Haryana) Ltd., Atlas Road, Industrial Area, Sonepat Respondent CORAM : HON'BLE MR.JUSTICE AJAY TEWARI HON'BLE MR.JUSTICE HARNARESH SINGH GILL Present : Mr. Sandeep Goyal, Advocate for appellant. None for respondent. *** AJAY TEWARI, J. (Oral) Learned counsel for appellant-Revenue has very fairly stated that since tax effect involved is less than Rs.1 crore. He has instruction to withdraw present appeal in view of circular dated 17/2019 dated 8.8.2019 issued by Central Board of Direct Taxes, New Delhi. However, he has prayed that liberty be granted to Revenue to file application for revival of appeal in case something survives therein. Dismissed as withdrawn with liberty as prayed for. Further, legal issue as claimed by Revenue is being left open to be adjudicated in appropriate case. 1 of 2 ITA-327-2017 (O&M) -2- Since main case has been dismissed as withdrawn, pending C.M, if any also stands dismissed. (AJAY TEWARI) JUDGE (HARNARESH SINGH GILL) JUDGE 26.08.2019 anuradha Whether speaking/reasoned Yes/No Whether Reportable : Yes/No 2 of 2 Pr. Commissioner of Income-tax, Rohtak v. Atlas Cycles (Haryana) Ltd