M/S ANE INDUSTRIES PRIVATE LIMITED vs UNION OF INDIA AND OTHERS

IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH 124 CWP-14079-2024 (O&M) Date of Decision: 14.05.2026 M/S ANE INDUSTRIES PRIVATE LIMITED ..... Petitioner Versus UNION OF INDIA AND OTHERS ....Respondents CORAM: HON’BLE MR. JUSTICE DEEPAK SIBAL HON’BLE MS. JUSTICE LAPITA BANERJI Present : Mr. Imanbir Singh Dhaliwal, Advocate, Mr. Shivam Sharma, Advocate and Mr. Kirtsimran Nagpal, Advocate, for the petitioner. Mr. Amanpreet (A. P.) Singh, Senior Standing Counsel for respondents No.4 & 5. ***** DEEPAK SIBAL, J. (Oral) Learned counsel for the petitioner submits that on 05.03.2026, for compounding offences for the Assessment Year 2014-15, the petitioner has filed a fresh application with the Principal Chief Commissioner of Income Tax, NW-R, Chandigarh (for short, ‘Principal Commissioner’) and that the petitioner would be satisfied if the present petition is disposed of with a direction to the Principal Commissioner to take a final decision thereupon in a time bound manner. 2. Learned counsel for the respondents has no objection to the acceptance of the afore prayer made on the petitioner’s behalf. 3. After considering the facts of the case and the no objection raised by learned couns