Commissioner Of Income Tax-I, Trichy-1 v. M/S.amaravathy Textiles Ltd., Karur

In the High Court of Judicature at Madras Coram : The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN Tax Case Appeal Nos.436 & 437 of 2011 Commissioner of Income Tax-I, Trichy-1 ...AppellantVs M/s.Amaravathy Textiles Ltd., Karur...Respondent APPEALS under Section 260A of the Income Tax Act, 1961against the common order dated 04.4.2011 in ITA Nos.164 and165/Mds/2011 on the file of the Income Tax AppellateTribunal Madras 'A' Bench respectively for the assessmentyears 2006-07 and 2007-08 against the order dated23/11/2010 on the file of the commissioner of Income TaxAppeals,TrichirapalliinITA.NO.163/09-10,550/08-09respectively against the (1) order dt.30/12/2009 in PANNO. for the assessment year 2007-2008 and (2)order dt 29/12/2008 in PAN NO. for the Assessmentyear 2006-2007 respectively on the file of the DeputyCommissioner of Income Tax Circle II,Trichy-620 001. For Appellant : Mr.T.Ravikumar & Mrs.R.HemalathaFor Respondent : Mr.Sandeep Bagmar for Mr.V.S.Jayakumar COMMON JUDGMENT (Judgment was delivered by T.S.SIVAGNANAM,J)Heard the learned counsel for the appellant. 2. These appeals by the Revenue challenge the commonorder passed by the Income Tax Appellate Tribunal, whichdecided the issue in favour of the assessee. 3. The Revenue seeks to withdraw the appeals onaccount of low tax effect in terms of Circular No.3 of 2018 https://hcservices.ecourts.gov.in/hcservices/ dated 11.7.2018 issued by the Central Board of Direct Taxes. 4. In the light of the above, the appeals aredismissed as withdrawn and the substantial question of lawframed is left open. In the event, in each of the cases,the tax effect is above the threshold limit fixed in thesaid circular, liberty is granted to the Revenue to make amention to this Court to restore the appeals to be heardand decided on merits. No costs. Sd/- Assistant Registrar(CS ix) //True Copy// Sub Assistant RegistrarToThe Income Tax Appellate Tribunal, Madras 'A' Bench.2.The commissioner of Income Tax Appeals,Trichirapalli.3.The Deputy Commissioner of Income Tax Circle II,Trichy-620 001.+1cc to Mr.T.Ravikumar , Advocate SR.No. 70842+1cc to Mr. V.S.Jayakumar, Advocate SR.No. 70863TCA.Nos.436 & 437 of 2011ASK(19/11/2018)