Commissioner Of Income Tax-I, Tiruchirapalli v. M/S.r.k.textiles, Karur

In the High Court of Judicature at Madras THE HONOURABLE MR.JUSTICE T.S.SIVAGNANAMAND THE HONOURABLE MR.JUSTICE N.SATHISH KUMAR Tax Case Appeal No.1182 of 2010 Commissioner of Income Tax-I, Tiruchirapalli ...Appellant Vs M/s.R.K.Textiles, Karur...Respondent APPEAL under Section 260A of the Income Tax Act, 1961against the order dated 04.6.2010 in ITA No.334/Mds/2010 on thefile of the Income Tax Appellate Tribunal Chennai 'D' Bench forthe assessment year 2006-07 against the proceedings of theCommissioner of Income Tax (appeals) Thirchirapalli 620 001dated 25.01.2010 in I.T.A. No. 544/2008-2009 against the orderof the Deputy Commissioner of Income Tax circle II, Trichy dated30.12.2008 for the assessment year 2006-2007. For Appellant : Mr.T.Ravikumar For Respondent : Mr.N.Quadir HoseynJudgment was delivered by T.S.SIVAGNANAM,J Heard the learned counsel for the appellant. 2. This appeal by the Revenue challenges the order passed bythe Income Tax Appellate Tribunal, which decided the issue infavour of the assessee. 3. The Revenue seeks to withdraw the appeal on account oflow tax effect in terms of Circular No.3 of 2018 dated 11.7.2018issued by the Central Board of Direct Taxes. https://hcservices.ecourts.gov.in/hcservices/ 4. In the light of the above, the appeal is dismissed aswithdrawn and the substantial question of law framed is leftopen. In the event the tax effect is above the threshold limitfixed in the said circular under exceptional clauses mentionedin the circular, liberty is granted to the Revenue to make amention to this Court to restore the appeal to be heard anddecided on merits. No costs. s/d- Assistant Registrar(CO) True Copy Sub-Assistant RegistrarTo1. The Income Tax Appellate Tribunal, Chennai 'D' Bench.2. The Commissioner of Income Tax(Appeals) No.44, Williams Road, Thirchirapalli 620 001.3. The Deputy commissioner of Income Tax Circle II, Trichy.4. The Commissioner of Income Tax I Thirchirapalli.+2 Ccs to Mr.N.Quadir Hoseyn, Advocate sr 77388, 76656.+1 CC to Mr.T.Ravikumar Advocate sr 76628.TCA.No.1182 of 2010RK(CO)SP(29/11/2018)