Tca/527/2017 Of Commissioner Of Income Tax v. M/S Saint Gobian Gyproc India

In the High Court of Judicature at Madras Coram : The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYANTax Case Appeal No.527 of 2017The Deputy Commissioner of Income Tax, Chennai...Appellant/AppellantVsM/s.Saint Gobain Gyproc India Ltd.,Chennai-8....Respondent/RespondentAPPEAL under Section 260A of the Income Tax Act, 1961against the order dated 03.2.2016 in ITA No.2122/Mds/2015 on thefile of the Income Tax Appellate Tribunal Chennai 'A' Bench forthe assessment year 2013-14 and against the order ofCommissioner of Income Tax (Appeals)3, Thane in No.648-THN/14-15/25.08.2015 against the ITR-6/2013-14 dated 01/08/2014 by theAssistant Commissioner of Income Tax Bangalore.For Appellant : Mr.T.R.Senthilkumar & Ms.K.G.UsharaniFor Respondent: Mr.S.P.Chidambaram Judgment 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. 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 question of law raised is 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. Assistant Registrar(CS VI) //True Copy// Sub Assistant Registrar To 1.The Income Tax Appellate Tribunal, Chennai 'A' Bench. 2.The Commissioner of Income Tax(Appeals)-3, Thane 3.The Commissioner of Incoem Tax, Chennai. 4.The Assistant Commissioner of Income Tax, Post Bag No-2, Electronic City Post Officer, Bangalore. 5.The Assistant Registrar, Income Tax Appellate Tribunal, IIIrd Floor, Besent Nagar, Rajaji Bhavan, Chennai. +1cc to Mr.T.R.Sethilkumar,Advocate SR.NO.72318 +1cc to Mr.S.P.Chidambaram, Advocate SR.NO.72161 SJ(CO)sm:19.11.2018 TCA.No.527 of 2017