Tca/382/2009 Of The Commissioner Of Income Tax v. Shri S.nagarajan

THE HONOURABLE MR.JUSTICE T.S.SIVAGNANAM AND THE HONOURABLE MRS.JUSTICE V.BHAVANI SUBBAROYAN Tax Case Appeal Nos.382 & 383 of 2009The Commissioner of IncomeTax, Salem...Appellant inboth TCAsVsShri S.Nagarajan...Respondent inTCA.382/2009Shri.S.Murugan...Respondent inTCA.383/2009APPEALS under Section 260A of the Income Tax Act, 1961against the common order dated 06.6.2006 in ITA Nos.2638and 2641/Mds/2005 respectively on the file of the IncomeTax Appellate Tribunal Madras 'D' Bench for the assessmentyear 2002-03. For Appellant : Mr.T.R.Senthilkumar & Ms.K.G.UsharaniFor Respondent : Mr.A.S.SriramanCOMMON JUDGMENT(Judgment was delivered by T.S.SIVAGNANAM,J) Heard the learned counsel for the appellant. 2. These appeals by the Revenue challenge the commonorder passed by the Income Tax Appellate Tribunal, whichdecided the issue in favour of the assessee. 3. The Revenue seeks to withdraw the appeals onaccount of low tax effect in terms of Circular No.3 of 2018dated 11.7.2018 issued by the Central Board of Direct Taxes. 4. In the light of the above, the appeals aredismissed as withdrawn and the substantial questions of lawframed are left open. In the event, in each of the cases,the tax effect is above the threshold limit fixed in the https://hcservices.ecourts.gov.in/hcservices/ said circular, liberty is granted to the Revenue to make amention to this Court to restore the appeals to be heardand decided on merits. No costs. //True Copy// Sd/- Assistant Registrar(CS) Sub Assistant Registrar ToThe Income Tax Appellate Tribunal, Madras 'D' Bench.2.the commissioner of Income tax ,Salem. +1cc to Mr.A.S.Sriraman , Advocate SR.No. 72187+2ccs to Mr.T.R.Senthilkumar, Advocate SR.No. 72324,73251TCA.Nos.382 & 383 of 2009ASK(18/12/2018)