Commissioner of Income-tax v. Prakash Industries Ltd
[Citation -2020-LL-0110-39]

Citation 2020-LL-0110-39
Appellant Name Commissioner of Income-tax
Respondent Name Prakash Industries Ltd.
Court SUPREME COURT
Relevant Act Income-tax
Date of Order 10/01/2020
Judgment View Judgment
Keyword Tags low tax effect
Bot Summary: Ms. B. Vijayalakshmi Menon, AOR UPON hearing the counsel the Court made the following ORDER Learned counsel for the petitioner, on instructions, issued by the Department of Revenue, Ministry of Finance vide F. No.390/Misc. 116/2017-JC dated 22.08.2019, seeks permission to withdraw this Special Leave Petition along with pending applications therein due to low tax effect. 2 The special leave petition and pending applications are dismissed as withdrawn, leaving question of law open.


1 ITEM NO.35 COURT NO.7 SECTION IV-B SUPREME COURT OF INDIA RECORD OF PROCEEDINGS Petition(s) for Special Leave to Appeal (C) No(s). 10373/2011 (Arising out of impugned final judgment and order dated 28-04-2010 in ITA No. 47/2003 passed by High Court Of Punjab & Haryana At Chandigarh) COMMISSIONER OF INCOME TAX Petitioner(s) VERSUS M/S PRAKASH INDUSTRIES LTD Respondent(s) Date : 10-01-2020 This petition was called on for hearing today. CORAM : HON'BLE MR. JUSTICE A.M. KHANWILKAR HON'BLE MR. JUSTICE DINESH MAHESHWARI For Petitioner(s) Mr. Arijit Prasad, Sr. adv. Mr. S.A. Haseeb, Adv. Mrs. Anil Katiyar, AOR For Respondent(s) Mr. Sachit Jolly, Adv. Mr. B.R. Menon, Adv. Ms. Diksha Jham, Adv. Ms. B. Vijayalakshmi Menon, AOR UPON hearing counsel Court made following ORDER Learned counsel for petitioner, on instructions, issued by Department of Revenue, Ministry of Finance vide F. No.390/Misc./116/2017-JC dated 22.08.2019, seeks permission to withdraw this Special Leave Petition along with pending applications therein due to low tax effect. Permission granted, subject to just exceptions. 2 special leave petition and pending applications are dismissed as withdrawn, leaving question of law open. (DEEPAK SINGH) (VIDYA NEGI) COURT MASTER (SH) COURT MASTER (NSH) Commissioner of Income-tax v. Prakash Industries Ltd
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