PR COMMISSIONER OF INCOME TAX PATIALA vs. M/S SEWAK TIMBER PVT LTD

ITA No. 81 of 2021 (O&M)

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IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH

ITA No. 81 of 2021 (O&M)

Date of Decision: 14.01.2026

PR. Commissioner of Income Tax, Patiala

..... Appellant

Versus

M/s Sewa Timber Private Limited

..... Respondent

CORAM:- HON'BLE MRS. JUSTICE LISA GILL

HON'BLE MR. JUSTICE RAMESH CHANDER DIMRI

Present: Mr. Saurabh Kapoor, Sr. Standing Counsel

Mr. Rana Gurtej Singh, Jr. Standing Counsel

Ms. Muskaan Gupta, Advocate

Ms. Muskan Chauhan, Advocate

Ms. Tanya Kumar, Advocate

for the appellant.

**** LISA GILL, J.

Present appeal has been filed under Section 260A of the Income Tax Act, challenging order dated 29.01.2020 passed by learned Income Tax Appellate Tribunal, Division Bench, ‘B’, Chandigarh, in ITA No. 783/CHD/2018. 2.

Learned counsel for appellant on instructions submits that as the tax effect involved in this appeal is under Rs.2 Crores, he has specific instructions to withdraw this appeal in view of circular No. 9 of 2024 dated 17.09.2024 issued by Ministry of Finance, Department of Revenue, CBDT, SANJAY KHAN 2026.01.16 15:10 I attest to the accuracy and authenticity of this document Punjab and Haryana High Court, Chandigarh

ITA No. 81 of 2021 (O&M)

-2- Government of India. However, question of law as arising in appeal be kept open for adjudication in appropriate proceedings. 3.

Appeal is accordingly dismissed as withdrawn with question of law being kept open for adjudication in appropriate proceedings.

Pending application(s), if any, also stand(s) disposed of accordingly.

(LISA GILL)

JUDGE

(RAMESH CHANDER DIMRI) 14.01.2026

JUDGE s.khan

Whether speaking/reasoned: Yes/No Whether reportable: Yes/No SANJAY KHAN 2026.01.16 15:10 I attest to the accuracy and authenticity of this document Punjab and Haryana High Court, Chandigarh