Tca/152/2013 Of Commissioner Of Incometax v. M/S Great Lakes Institute At

In the High Court of Judicature at Madras Dated : 08.10.2018 The Honourable Mr.Justice T.S.SIVAGNANAM The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN Tax Case Appeal Nos.152 and 153 of 2013 The Commissioner of Income Tax, Chennai. ...Appellant M/s.Great Lakes Institute of Management, C/O Shri.R.Vijayaraghavan, advocate, Chennai-4....Respondent APPEALS under Section 260A of the Income Tax Act, 1961against the common order dated 22.6.2012 in ITA Nos.931 and932/Mds/2012 on the file of the Income Tax Appellate TribunalMadras 'B' Bench respectively for the assessment years for 2006-07 and 2007-08, O/O the Commissioner of Income Tax (Appeals)-XIIChennai-34 dated 23/2/2012 made in ITA No.386/2009-2010 andagainst the Income Tax Officer,(OSD) (Exemptions)-III, Chennai-34 PAN No.3715-GAACCG-2885L Assessment Year 2006-07. For Appellant : Mr.Karthik RanganathanFor Respondent : Mr.R.Venkata Narayanan for M/s.Subbaroya Aiyer Padmanabhan (Judgment was delivered by T.S.SIVAGNANAM,J) 2. These appeals by the Revenue challenge the common orderpassed by the Income Tax Appellate Tribunal, which decided theissue in favour of the assessee. https://hcservices.ecourts.gov.in/hcservices/ 3. The Revenue seeks to withdraw the appeals 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 appeals are dismissed aswithdrawn and the substantial question of law framed is leftopen. In the event, in each of the cases, the tax effect isabove the threshold limit fixed in the said circular, liberty isgranted to the Revenue to make a mention to this Court torestore the appeals to be heard and decided on merits. No costs. Sd/- Assistant Registrar(CS IX) //True Copy// Sub Assistant Registrar To 1.The Income Tax Appellate Tribunal, Madras 'B' Bench. Madras 'B' Bench. 2.The Commissioner of Income Tax, (Appeals)-XII, Chennai-34. Chennai-34. 3.The Income Tax Officer, (OSD) (Exemption)-III, Chennai. +1cc to M/S.Subbaraya Aiyar Padmanabhan, Advocate Sr.69504 TCA.Nos.152 & 153 of 2013 rr[co]srg 28/11/2018