Principal Commissioner Of Income Tax-I, Coimbatore v. Shri Mathew Jose

In the High Court of Judicature at Madras Dated : 26.10.2018 Coram : The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN Tax Case Appeal No.860 of 2017 Principal Commissioner of Income Tax-I, Coimbatore...AppellantVsShri Mathew Jose...Respondent APPEAL under Section 260A of the Income Tax Act, 1961against the order dated 29.6.2017 in ITA No.541/Mds/2017 onthe file of the Income Tax Appellate Tribunal Chennai 'A'Bench for the assessment year 2011-12 Appeal filed againstthe order of the commissioner of Income Tax (Appeals )-2Comimbatore made in ITA NO.271/14-15 DT.30.12.2016 for theAssessment year 2011-2012 against the proceedings of theAssistant commissioner of Income Tax Circle -II coimbatoremadi in PAN :ADAJ/5385Q/2014-2015 DT.26.09.2014 against theorder of the Joint Commissioner of Income Tax, Range -II63,Race cource Road,Coimabtore 641 018 made in PANABAPT5385Q for the Assessment year 2011-2012.For Appellant : Mr.T.R.Senthilkumar & Ms.K.G.UsharaniFor Respondent : No appearance Judgment was delivered by T.S.SIVAGNANAM,J Heard the learned counsel for the appellant. 2. This appeal by the Revenue challenges the orderpassed by the Income Tax Appellate Tribunal, which decidedthe issue in favour of the assessee. 3. The Revenue seeks to withdraw the appeal on accountof low tax effect in terms of Circular No.3 of 2018 dated11.7.2018 issued by the Central Board of Direct Taxes. 4. In the light of the above, the appeal is dismissedas withdrawn and the substantial questions of law raised https://hcservices.ecourts.gov.in/hcservices/ are left open. In the event the tax effect is above thethreshold limit fixed in the said circular, liberty isgranted to the Revenue to make a mention to this Court torestore the appeal to be heard and decided on merits. Sd/- Assistant Registrar(Co) //True Copy// Sub Assistant Registrar To The Income Tax Appellate Tribunal, Chennai 'A' Bench. 2.The commissioner of Income Tax (Appeals )-2 Comimbatore. 3.The Assistant commissioner of Income Tax Circle -IIcoimbatore4.The Joint Commissioner of Income Tax, Range -II ,Coimabtore 641 018+1cc to Mr.T.R.Senthilkumar , Advocate SR.No. 73302TCA.No.860 of 2017 ASK(16/11/2018)