Tax Case Appeal v. M/S.gec Alsthom India Ltd., Chennai-43

In the High Court of Judicature at Madras The Honourable Mr.Justice T.S.SIVAGNANAM The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN Tax Case Appeal No.538 of 2013The Commissioner of Income Tax, Chennai...AppellantVsM/s.GEC Alsthom India Ltd., Chennai-43....Respondent APPEAL under Section 260A of the Income Tax Act, 1961against the order dated 20.12.2012 in ITA No.1924/Mds/1993 onthe file of the Income Tax Appellate Tribunal Chennai 'A' Benchfor the assessment year 1987-88 against the order of theCommissioner of Income Tax (Appeals),VII, Madras -34 dated15.3.1993 and made in ITA.No.172/92.93/SR II for the Assessmentyear 1987-88. against the order of the Deputy Commissioner of Income Tax,Special Range II, Madras dated 20.10.1992 and made inP.A.No,47.003.CV.0802 for the Assessment year 1987-88 against the order of the Deputy Commissioner of Income Tax,Special Range II, Madras-34 dated 28.3.1990 and made in PAN/GIRNo.47-03-CV—0802/5-E for the Assessment year 1987-88. For Appellant : Mr.Karthik Ranganathan 2. This appeal by the Revenue challenges the order passedby the Income Tax Appellate Tribunal, which decided the issue infavour of the assessee. https://hcservices.ecourts.gov.in/hcservices/ low 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. Sd/-Assistant Registrar(CO)//True copy//Sub Assistant RegistrarRSTo1. The Income Tax Appellate Tribunal, Chennai 'A' Bench.2. The Commissioner of Income-Tax(Appeals) VII, Madras-34.3. The Deputy Commissioner of Income Tax, Special Range-II,4. The Commissioner of Income Tax, Chennai.TCA.No.538 of 2013SV(CO)GMY(14/11/2018)