Tax Case Appeal v. M/S.tech Affinity Globi Pvt. Ltd., Chennai-96

In the High Court of Judicature at Madras The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN Tax Case Appeal No.1010 of 2015The Commissioner of Income Tax, Chennai..Appellant/Appellant VsM/s.Tech Affinity Globi Pvt. Ltd.,Chennai-96...Respondent/Respondent APPEAL under Section 260A of the Income Tax Act, 1961against the order dated 09.5.2014 in ITA No.423/Mds/2014 on thefile of the Income Tax Appellate Tribunal Chennai 'A' Bench forthe assessment year 2009-10 against the order of theCommissioner of Income Tax (Appeals)-III, 121 Mahatma GandhiRoad, Chennai, dated 4.10.2013, ITA.No.1434/2013-14, PANAACCT4550G for the Assessment year 2009-10 against the order ofthe Income Tax Officer Company Ward - III (1) Room No.415 NewBlock121,M.G.RoadmChenni-34,dated12.12.2011,GFK.No.PAN.AACCT45TG for the Assessment year 2009-10.For Appellant : Mr.M.Swaminathan & Mrs.V.PushpaFor Respondent: Mr.R.Sivaraman Judgment was delivered by T.S.SIVAGNANAM,J Heard the learned counsel for the appellant. 2. This appeal by the Revenue challenges the order passed bythe 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 question of law framed is 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. No costs. Sd/- Assistant Registrar(CO) //True Copy// Sub Assistant RegistrarTo1. The Commissioner of Income Tax (Appeal)-III, 121, Mahatma Gandhi Road, Chennai.2. The Income Tax Appellate Tribunal, Chennai 'A' Bench.3. The Income Tax Officer, Campany Ward III (1) Rooms No.415 New Block 121, M.G.Road, Chennai-34.+ 1 cc to Mr. M. Swaminathan, Advocate SR.72736TCA.No.1010 of 2015AD(CO)EU(23/11/2018)