Tca/14/2015 Of Commissioner Of Income Tax v. Umayal

In the High Court of Judicature at MadrasDated : 08.10.2018Coram : The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN Tax Case Appeal No.14 of 2015Commissioner of Income Tax, Trichy...Appellant/AppellantVs(Late)M.Sethuraman Chettiarby LH S.V.Umayal ...Respondent/RespondentAPPEAL under Section 260A of the Income Tax Act, 1961against the order dated 10.4.2014 in ITA No.227/Mds/2013 on thefile of the Income Tax Appellate Tribunal Chennai 'A' Bench forthe assessment year 2008-09.Against the order dated 08.11.2012 made in ITA No.460/10-11by the Commissioner of Income Tax (Appeals) Thiruchirapalliassessment year 2008-09 against the order dated 29.12.2010passed by the Income Tax Officer, Ward I(2), Pudukottaiassessment year 2008-09. For Appellant : Mr.M.SwaminathanFor Respondent : No appearanceJudgment 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. 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 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(CS IX) //True Copy// Sub Assistant RegistrarTo1. The Income Tax Appellate Tribunal, Chennai 'A' Bench.2. The Commissioner of Income Tax (Appeals), Thiruchirappalli.3. The Income Tax Officer, Ward-I(2), Pudukottai.+1 cc to Mr.M.Swaminathan, Advocate Sr.No.69045TCA.No.14 of 2015CSL/29.11.2018