Commissioner Of Income Tax Tirunelveli v. M/S.natesan Company (Pollachi) Natesan Building, Railway Feeder Road, Kallidaikurichi

IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 29.1.2016 CORAM THE HONOURABLE MR.JUSTICE M.JAICHANDRENANDTHE HONOURABLE MRS.JUSTICE S.VIMALA Tax Case Appeal No.471 of 2012 Commissioner of Income Tax Tirunelveli .. AppellantVersus M/s.Natesan Company (Pollachi)Natesan Building,Railway Feeder Road,Kallidaikurichi.PAN: .. Respondent Prayer: Appeal presented to the High Court against the order ofthe Income Tax Appellate Tribunal Madras `B' Bench, dated11.7.2012, in I.T.A.No.211/Mds/2012 against the order of theCommissioner of Income Tax (Appeals) II, Madurai, made in ITANo.67/2010-11 PAN No. , order dated 04.11.2011 againstthe order of the Income Tax Officer, Ward I(3), Tirunelveli, PANNo.AABFN9059M, order dated 23.12.2010. For Respondent : Mr.V.S.Jayakumar The learned counsels appearing for the Appellant/Revenuehad submitted that they may be permitted by this Court towithdraw the present tax case appeal, in view of the CircularNo.21 of 2015, issued by the Central Board of Direct Taxes,Department of Revenue, Ministry of Finance, Government of India,dated 10.12.2015, as the tax effect relating to the matter isless than Rs.20,00,000/-. 2. The learned counsels had further submitted that libertymay be granted to the Appellant/Revenue to revive the tax casehttps://hcservices.ecourts.gov.in/hcservices/ appeal, if it is found that it had been withdrawn,inadvertently, even though it falls under the exceptionsmentioned in paragraph 8 of the circular. 3. In view of the said submissions made by the learnedcounsels appearing for the Appellant/Revenue, the present taxcase appeal stands dismissed, as withdrawn. It is made clearthat the questions of law, which may arise for the decision ofthis Court, in the present tax case appeal, are left open to beconsidered and decided in appropriate cases, in accordance withlaw. It is also made clear that it would be open to theAppellant/Revenue to revive the tax case appeal, if it is foundthat it had been withdrawn, inadvertently, even though it fallsunder the exceptions mentioned in paragraph 8 of the Circular,within a period of twelve weeks from today. No costs. Sd/-Assistant Registrar //True Copy// Sub Assistant Registrar ssk. To1. The Income Tax Appellate Tribunal Madras `B' Bench. 2. The Commissioner of Income Tax (Apepals)II,Madurai. 3. The Income Tax Officer, Ward I(3),Tirunelveli. +1 cc to Mr.M.Swaminathan, Advocate, sr.6393+1 cc to Mr.V.S.Jayakumar, Advocate, sr.6186 Tax Case Appeal No.471 of 2012 vgi cokra 22.02.2016