Tca/17/2015 Of The Commissioner Of Income Tax v. T.m.abdul Rahman & Sons

In the High Court of Judicature at Madras Dated : 08.10.2018 Coram : The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYANTax Case Appeal No.17 of 2015The Commissioner of Income Tax, Chennai...Appellant/ AppellantVsM/s.T.M.Abdul Rahman & Sons,Chennai-3....Respondent/RespondentAPPEAL under Section 260A of the Income Tax Act, 1961against the order dated 08.5.2014 in ITA No.2252/Mds/2013 on thefile of the Income Tax Appellate Tribunal Chennai 'D' Bench forthe assessment year 2010-11 against the order passed by theJoint Commissioner of Income Tax, Range X Chennai-6 made inAABFT2029F A.Y.2010-11 dt:28/03/2013 and against tahe orderpassed by the commissioner of Income Tax (Appeals)IV, Chennai,made in ITA.No.840/13-14 dated:05/09/2013 for the Assessmentyear 2010-11. For Appellant : Mr.T.RavikumarFor Respondent : Mr.R.Venkata Narayanan forM/s.Subbaraya Aiyer PadmanabhanJudgment 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. 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 Income Tax Appellate Tribunal, Chennai 'D' Bench.2.The Joint Commissioner of Income Tax,Range X, Chennai-63.The Commissioner of Income Tax,(Appeal) X, Chennai.+1cc to Mr.Subbaraya Aiyar, Advocate, S.R.No.69503TCA.No.17 of 2015SR(CO)GSP(16/11/2018)