Commissioner of Income-tax-I, Ludhiana v. Vardhman Polytex Ltd
[Citation -2019-LL-1001-172]

Citation 2019-LL-1001-172
Appellant Name Commissioner of Income-tax-I, Ludhiana
Respondent Name Vardhman Polytex Ltd.
Relevant Act Income-tax
Date of Order 01/10/2019
Judgment View Judgment
Keyword Tags monetary limit • tax effect

ITA No. 614 of 2007 (O&M) 1 IN HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 229 ITA No. 614 of 2007 (O&M) Date of Decision : 01.10.2019 Commissioner of Income Tax-I, Ludhiana ... Appellant Versus M/s Vardhman Polytex Ltd. ....Respondent CORAM:HON'BLE MR. JUSTICE AJAY TEWARI HON'BLE MR. JUSTICE HARNARESH SINGH GILL Present: Mr. Rajesh Katoch, Senior Standing Counsel with Ms. Pridhi Jaswinder Sandhu, Jr. Standing counsel for appellant. None for respondent. AJAY TEWARI, J.(ORAL) 1. Learned counsel for appellant-revenue states that since tax effect involved is less than monetary limit as prescribed in Circular No.3 of 2018 dated 11.07.2018 issued by Central Board of Direct Taxes, further amended vide Circular No.17 of 2019 dated 08.08.2019 read with Letter No.F.No.279/Misc/M-93/2018-ITJ dated 20.08.2019, he has instructions to withdraw present appeal. However, he prayed that liberty be granted to appellant-revenue to file application for revival of appeal, in case something survives therein. 2. Dismissed as withdrawn with liberty as prayed for. 1 of 2 ::: Downloaded on - 09-10-2019 17:03:56 ::: ITA No. 614 of 2007 (O&M) 2 3. Since main case has been dismissed, pending C.M. application, if any, also stands disposed of. ( AJAY TEWARI ) JUDGE ( HARNARESH SINGH GILL ) 01.10.2019 JUDGE pooja saini Whether speaking/reasoned? Yes/No Whether reportable? Yes/No 2 of 2 ::: Downloaded on - 09-10-2019 17:03:57 ::: Commissioner of Income-tax-I, Ludhiana v. Vardhman Polytex Ltd
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