Principal Commissioner Of Income Taxward 2(5), Erode v. T.senthil

IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 15.10.2024 CORAM : THE HONOURABLE MR.JUSTICE R. SURESH KUMARAND THE HONOURABLE MR.JUSTICE C. SARAVANAN T.C.A.No.83 of 2024 Principal Commissioner of Income TaxWard 2(5), Erode...Appellant Vs. T.Senthil ..Respondent Prayer: Appeal filed under Section 260-A of the Income Tax Act, 1961, against the order of Income Tax Appellate Tribunal “C” Bench,Chennaidated09.06.2023passedin I.T.A.No.1631/CHNY/2018. For the Appellant:Mr.Karthik RanganathanSenior Standing Counsel JUDGMENT (Order of the Court was made by R.SURESH KUMAR, J.)The present tax case appeal was admitted on 04.06.2024 by this Court on the following substantial question of law:- "1. Whether in the facts and circumstances of the case and in law, the learned ITAT was justified in holding that a valid revised return can be filed on a return u/s 153A which ought to be considered by the Assessing Officer?" 2. It is submitted by the learned Senior Standing Counsel appearing for the appellant Revenue that this matter is covered under the Low Tax Effect as per the recent Circular dated 17.09.2024, in Circular No.9/2024. 3. Hence, this appeal stands dismissed, as covered under the low tax effect and the substantial question of law arising in this appeal is kept open to be decided at the later point of time. There shall be no order as to costs. Neutral Citation:Yes/No drm T.C.A.No.83 of 2024 R. SURESH KUMAR, J.ANDC. SARAVANAN, J. (drm) T.C.A.No.83 of 2024 15.10.2024