Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 14]

Punjab-Haryana High Court

Commissioner Of Income Tax Jalandhar Ii vs Mithilesh Kumar on 3 October, 2018

Author: Surya Kant

Bench: Surya Kant

          HIGH COURT OF PUNJAB AND HARYANA AT
                      CHANDIGARH
                                  ****
                      ITA No.62 of 2013 (O&M)
                     Date of Decision: 03.10.2018
                                  ****
Commissioner of Income Tax, Jalandhar-II       ...Appellant

                                              VS.

Mithilesh Kumar                                              ... Respondent
                                              ****
Coram :            Hon'ble Mr.Justice Surya Kant
                   Hon'ble Mr.Justice Sudip Ahluwalia
                                        ****
Present:           Mr. Vivek Sethi, Advocate for the appellant

                   Mr. Akshay Bhan, Sr.Advocate with
                   Mr. Alok Mittal, Advocate for the respondent
                                        ****
SURYA KANT J. (Oral)

(1) Learned counsel for Revenue states that the tax effect involved in this case is `16,155/- and in view of the recent Circular No.3/2018 dated 11.07.2018 issued by the Ministry of Finance, Department of Revenue, Central Board Direct Taxes, the tax effect being less than `50 lacs, he does not want to press this appeal on merits. (2) In view of the CBDT Circular, the instant appeal is dismissed as not pressed. As prayed for by learned counsel for the appellant, liberty is granted to the Revenue to seek revival of the appeal, if need be, in the changed circumstances. The question of law is also kept open.

(Surya Kant) Judge 03.10.2018 (Sudip Ahluwalia) vishal shonkar Judge

1. Whether speaking/reasoned? Yes/No

2. Whether reportable? Yes/No 1 of 1 ::: Downloaded on - 07-10-2018 13:27:54 :::