Principal Commissioner Of Income Tax-I, Coimbatore v. Shri R.vijayasekaran

In the High Court of Judicature at Madras The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN Principal Commissioner of Income Tax-I, Coimbatore Vs Shri R.Vijayasekaran, C/O GaneshTradingCo., Coimbatore-1 ...Appellant ...Respondent APPEAL under Section 260A of the Income Tax Act, 1961against the order dated 25.5.2016 in ITA No.2540/Mds/2014 on thefile of the Income Tax Appellate Tribunal Chennai 'D' Bench forthe assessment year 2010-11 against the order of theCommissioner of Income-Tax (Appeals)-I, Coimbatore dated13.08.2014 and made in Appeal No.245/13-14 for the assessmentyear 2010-11. Against the order of the Joint Commissioner of Income Tax,Range-III, Coimbatore, dated 30.03.2013 and made in PANNo.ABRPV7468H for the Assessment year 2010-11. For Appellant : Mr.T.R.Senthilkumar & Ms.K.G.UsharaniFor Respondent : No appearance 2. This appeal by the Revenue challenges the order passedby the Income Tax Appellate Tribunal, which decided the issue infavour of the assessee. 3. The Revenue seeks to withdraw the appeal on account oflow tax effect in terms of Circular No.3 of 2018 dated 11.7.2018issued by the Central Board of Direct Taxes. https://hcservices.ecourts.gov.in/hcservices/ 4. In the light of the above, the appeal is dismissed aswithdrawn and the substantial questions of law raised are leftopen. In the event the tax effect is above the threshold limitfixed in the said circular, liberty is granted to the Revenue tomake a mention to this Court to restore the appeal to be heardand decided on merits. Sd/-Assistant Registrar(CCC) //True copy//Sub Assistant RegistrarRSTo1. The Income Tax Appellate Tribunal, Chennai 'D' Bench.2. The Principal Commissioner of Income Tax-I,Coimbatore.3. The Commissioner of Income Tax (Appeals)-I, Coimbatore.4. The Joint Commissioner of Income Tax, Range-III,Coimbatore.+1cc to Mr.T.R.Senthilkumar, Advocate SR.No.72165TCA.No.632 of 2017GMY(22/11/2018)