Commissioner Of Income Tax-I,Chennai v. M/S.ford Business Services Centerpvt. Ltd., Chennai-96

In the High Court of Judicature at Madras Dated : 11.10.2018 Coram : The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN Tax Case Appeal No.69 of 2011 Commissioner of Income Tax-I,Chennai ...Appellant Vs M/s.Ford Business Services CenterPvt. Ltd., Chennai-96 ...Respondent APPEAL under Section 260A of the Income Tax Act, 1961 against the order dated 08.10.2010 in ITANo.613/Mds/2010 on the file of the Income Tax Appellate Tribunal Chennai 'D' Bench for theassessment year 2002-03. For Appellant : Mr.T.Ravikumar For Respondent : No appearance Judgment was delivered by T.S.SIVAGNANAM,JHeard the learned counsel for the appellant. 2. This appeal by the Revenue challenges the order passed by the Income Tax Appellate Tribunal,which decided the issue in favour of the assessee. 3. The Revenue seeks to withdraw the appeal on account of low tax effect in terms of Circular No.3of 2018 dated 11.7.2018 issued by the Central Board of Direct Taxes. (2) T.S.SIVAGNANAM,J AND V.BHAVANI SUBBAROYAN,J RS 4. In the light of the above, the appeal is dismissed as withdrawn and the substantial questions of law framed are left open. In the event the tax effect is above the threshold limit fixed in the saidcircular, liberty is granted to the Revenue to make a mention to this Court to restore the appeal tobe heard and decided on merits. (T.S.S.J.) (V.B.S.J.) 11.10.2018 Speaking (or) Non Speaking Order Index : Yes (or) No Internet : Yes (or) No To The Income Tax Appellate Tribunal, Chennai 'D' Bench. TCA.No.69 of 2011