Principal Commissioner of Income-tax, Gurgaon v. Blackrock Services India Pvt. Ltd
[Citation -2019-LL-0826-92]
Citation | 2019-LL-0826-92 |
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Appellant Name | Principal Commissioner of Income-tax, Gurgaon |
Respondent Name | Blackrock Services India Pvt. Ltd. |
Court | HIGH COURT OF PUNJAB & HARYANA |
Relevant Act | Income-tax |
Date of Order | 26/08/2019 |
Judgment | View Judgment |
Keyword Tags | condonation of delay • tax effect • withdrawal of appeal |
Bot Summary: | AJAY TEWARI, J. CM No. 24506-CII of 2018 This is an application under Section 260A read with Section 5 of Limitation Act, 1963 seeking condonation of delay of 2 days in filing the present appeal. For the reasons stated in the application, the same is allowed. ITA No. 401 of 2018 Learned counsel for the appellant-revenue has very fairly stated that since the tax effect involved is less than Rs. One crore, he has instructions to withdraw the present appeal in view of Circular dated 17/2019 dated 08.08.2019 issued by the Central Board of Direct Taxes, New Delhi. He has prayed that liberty be granted to revenue to file an 1 of 2 ::: Downloaded on - 31-08-2019 10:48:55 ::: CM No. 24506-CII of 2018 in/and ....2.... ITA No. 401 of 2018 application for revival of the appeal in case something survives therein. Further the legal issue as claimed by the revenue is being left open to be adjudicated in an appropriate case. |