Tax Case Appeal v. M/S.jayakrishna Flour Mills (P) Ltd., 5A Rajaji Road, Salem-7

The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN Tax Case Appeal No.395 of 2011Commissioner of Income Tax, Salem...Appellant/AppellantVsM/s.Jayakrishna Flour Mills (P) Ltd.,5A Rajaji Road,Salem-7 ...Respondent/Respondent APPEAL under Section 260A of the Income Tax Act, 1961against the order dated 04.5.2011 in ITA No.2158/Mds/2010 on thefile of the Income Tax Appellate Tribunal Chennai 'B' Bench forthe assessment year 2007-08 and against the order of theCommissioner of Income Tax(Appeals) Salem, Order dated28/10/2010 made in ITA No.62/09-10 and against the order of theDeputy Commissioner of Income Tax Company Circle, Salem, orderdated 20/08/09 made in PAN/GIR No.IDCJ0005/ AssessmentYear 2007-2008.For Appellant : Mr.T.R.Senthilkumar & Ms.K.G.UsharaniFor Respondent : Mr.Sandeep Bagmar for Mr.V.S.JayakumarJudgment was delivered by T.S.SIVAGNANAM,JHeard 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. https://hcservices.ecourts.gov.in/hcservices/ 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. 4. In the light of the above, the appeal is dismissed aswithdrawn and the substantial questions of law framed 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. No costs. Sd/- Assistant Registrar(CS IX) //True Copy// Sub Assistant RegistrarTo1.The Registrar, The Income Tax Appellate Tribunal, Chennai 'B' Bench.2.The Commissioner of Income Tax (Appeals) Salem.3.The Deputy Commissioner of Income Tax Company Circle, Salem.+1cc to Mr.V.S.Jayakumar, Advocate Sr.70864 TCA.No.395 of 2011 nrjk[co]srg 16/11/2018 https://hcservices.ecourts.gov.in/hcservices/