M/S.blaise Information Systems v. The Income Tax Officer,Business Ward - Vi(1),(Presently Ncw 9(1)]

IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 02.02.2021 CORAM THE HONOURABLE MR.JUSTICE M. DURAISWAMYANDTHE HONOURABLE MRS.JUSTICE T.V. THAMILSELVI Tax Case Appeal No.59 of 2017 M/s.Blaise Information Systems,No.55, Flat No.5, Embassy Tower,4th Floor, Montieth Road, Egmore,Chennai - 600 008presently at No.57, Sami Pandaram Street,1st Floor, Chinthadripet,Chennai - 600 002. ...Appellant Vs. The Income Tax Officer,Business Ward - VI(1),(Presently NCW 9(1)],No.121, Uttamar Gandhi Salai,Chennai - 600 034. ... Respondent Tax Case Appeal filed under Section 260A of the Income TaxAct, 1961 against the order of the Income Tax AppellateTribunal, SMC~A Bench, Chennai dated 18.08.2016 passed inI.T.A.No.2285/Mds/ 2015. Against the order of the Income Tax appellate Tribunal SMCABench, Chennai order date 18/08/16 made in ITA.NO.2285/Mds/2015for Assessment year 2011-2012, against the order of theappellate Tribunal, Chennai Form 36 date 18.12.2015 for theassessment year 2011-2012, against the order dated 26/11/2015passed by the Commissioner of Income Tax (Appeals)-10 Chennai,made in ITA.NO.31/2014-15/CIT(A)-10 for the Assessment year2011-2012 against the Additional Grounds of Appeal dated05/11/2015 passed by the Commissioner of Income Tax (Appeals 10)Chennai made in ITA.NO.31(CTT(A)-10/2014-2015, against the orderof Form 35 dated 15/04/2014, passed by the Commissioner ofIncome Tax (Appeals) Assessment year 2011-2012 PANNO.AAAFB5059N, against the order date 27/03/2014 passed by theIncome Tax officer Business Ward VI(1) Chennai, made in PANNO.AAAFB5059N for the Assessment year 2011-2012. https://hcservices.ecourts.gov.in/hcservices/ For Appellant : Mr.V.S.Jayakumar For Respondent : Mr.Karthick Ranganathan, Senior Standing Counsel J U D G M E N T (Delivered by M.DURAISWAMY, J.) This appeal filed by the assessee under Section 260A of theIncome Tax Act, 1961 ('the Act' for brevity), is directedagainst the order dated 18.08.2016 passed by the Income TaxAppellate Tribunal, SMC-A Bench, Chennai, ('the Tribunal' forbrevity) in I.T.A.No.2285/Mds/2015 for the assessment year2011-12. The above appeal has been admitted on 22.02.2017 on thefollowing Substantial Question of Law: "Whether the Tribunal was right in holding that theexemption under Section 10A is not allowable for assessment year2011-12?" 2. We have heard Mr.V.S.Jayakumar, learned counsel for theappellant/assessee and Mr.Karthick Ranganathan, learned SeniorStanding Counsel for the respondent/Revenue. 3. It may not be necessary for this Court to decide theSubstantial Question of Law framed for consideration on accountof certain subsequent developments. The Government of Indiaenacted the Direct Tax Vivad Se Vishwas Act, 2020 (Act 3 of2020) to provide for resolution of disputed tax and for mattersconnected therewith or incidental thereto. The Act of theParliament received the assent of the President on 17th March2020 and published in the Gazette of India on 17th March 2020. 4. We are informed by the learned counsel for the appellant/assessee that the assessee had already been issued with Form - 3on 09.12.2020 and the learned counsel for the appellant seekspermission of this Court to withdraw the appeal.5. In view of the submission made by the learned counsel forthe appellant, the Tax Case Appeal stands dismissed aswithdrawn. No costs. Sd/- Assistant Registrar(CCC) //True Copy// Sub Assistant Registrar va https://hcservices.ecourts.gov.in/hcservices/ To 1. Income Tax Appellate Tribunal, SMC-A Bench, Chennai SMC-A Bench, Chennai 2. The Income Tax Officer, Business Ward - VI(1), (Presently NCW 9(1)], No.121, Uttamar Gandhi Salai, Chennai - 600 034. Business Ward - VI(1), (Presently NCW 9(1)], No.121, Uttamar Gandhi Salai, Chennai - 600 034. +1cc to Mr.VS. JAYAKUMAR, Advocate, S.R.No.6002RLD(CO)SM/03/03/2021 //True Copy// Sub Assistant Registrar va https://hcservices.ecourts.gov.in/hcservices/ To 1. Income Tax Appellate Tribunal, SMC-A Bench, Chennai SMC-A Bench, Chennai 2. The Income Tax Officer, Business Ward - VI(1), (Presently NCW 9(1)], No.121, Uttamar Gandhi Salai, Chennai - 600 034. Business Ward - VI(1), (Presently NCW 9(1)], No.121, Uttamar Gandhi Salai, Chennai - 600 034. +1cc to Mr.VS. JAYAKUMAR, Advocate, S.R.No.6002RLD(CO)SM/03/03/2021 Tax Case Appeal No.59 of 2017