Pr. Commissioner of Income-tax v. H.P. State Forest Corporation Ltd
[Citation -2020-LL-0109-28]

Citation 2020-LL-0109-28
Appellant Name Pr. Commissioner of Income-tax
Respondent Name H.P. State Forest Corporation Ltd.
Court HIGH COURT OF HIMACHAL PRADESH AT SHIMLA
Relevant Act Income-tax
Date of Order 09/01/2020
Judgment View Judgment
Keyword Tags tax effect • monetary limit
Bot Summary: By medium of this application, filed by the applicant/appellant, permission has been sought to withdraw the appeal in view of the CBDT s Circular No. 17/2019 dated 08.08.2019, whereby the monetary limits for filing appeals has now been fixed by the CBDT at Rs.1,00,00,000/-(One Crore). Even otherwise, the tax effect of the present appeal is Rs.83,83,000/-. The 1 Whether the reporters of the local papers may be allowed to see the JudgmentYes ::: Downloaded on - 14/01/2020 10:37:36 :::HCHP 2 instant appeal is covered by the aforesaid Circular. The appeal is permitted to be H withdrawn in view of the aforesaid Circular, leaving the parties to bear their own costs.


IN HIGH COURT OF HIMACHAL PRADESH, SHIMLA ITA No. 49 of 2016. . .P Date of decision: 09.01.2020. Pr. Commissioner of Income Tax ..Appellant. Versus H.P. State Forest Corporation Ltd. ..Respondent. of Coram Hon ble Mr. Justice Tarlok Singh Chauhan, Judge. Hon ble Mr. Justice Chander Bhusan Barowalia, Judge. Whether approved for reporting?1 No ou For Appellant : Mr. Vinay Kuthiala, Senior Advocate with Ms. Vandana Kuthiala, Advocate. For Respondent : Mr. Vishal Mohan, Advocate. Tarlok Singh Chauhan, Judge (Oral) OMP No.29 of 2020. By medium of this application, filed by applicant/appellant, permission has been sought to withdraw appeal in view of CBDT s Circular No. 17/2019 dated 08.08.2019, whereby monetary limits for filing appeals has now been fixed by CBDT at Rs.1,00,00,000/-(One Crore). Even otherwise, tax effect of present appeal is Rs.83,83,000/-. Therefore, 1 Whether reporters of local papers may be allowed to see Judgment?Yes ::: Downloaded on - 14/01/2020 10:37:36 :::HCHP 2 instant appeal is covered by aforesaid Circular. Accordingly, application is allowed. ITA No. 49 of 2016. Consequently, appeal is permitted to be H withdrawn in view of aforesaid Circular, leaving parties to bear their own costs. of (Tarlok Singh Chauhan) Judge rt (Chander Bhusan Barowalia) ou Judge 9th January, 2020. (krt) C h ig H ::: Downloaded on - 14/01/2020 10:37:36 :::HCHP Pr. Commissioner of Income-tax v. H.P. State Forest Corporation Ltd
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