Tca/69/2011 Of Commissioner Of Income Tax-I v. M/S.ford Business Services

In the High Court of Judicature at Madras The Honourable Mr.Justice T.S.SIVAGNANAM The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN Tax Case Appeal No.69 of 2011 Commissioner of Income Tax-I, Chennai...Appellant M/s.Ford Business Services CenterPvt. Ltd., Chennai-96...Respondent APPEAL under Section 260A of the Income Tax Act, 1961against the order dated 08.10.2010 in ITA No.613/Mds/2010 on thefile of the Income Tax Appellate Tribunal Chennai 'D' Bench forthe assessment year 2002-03 against the order Commissioner ofIncome Tax, Chennai, dated 24/3/2010 made in C.No.218(23)/CIT-1/263/09-10 for the assessment year 2002-03. against the order of the Assistant Commissioner of IncomeTax Company Circle-II(i), Chennai, dated 30/11/2017 made in PANGIR. AAACF5984H under section 143(3) r/w section 263 of theI.T.Act 1961. For Appellant : Mr.T.Ravikumar For Respondent : No appearance Judgment was delivered by T.S.SIVAGNANAM,J Heard the learned counsel for the appellant. 2. This appeal by the Revenue challenges the order passedby the 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 11.7.2018 https://hcservices.ecourts.gov.in/hcservices/ issued 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. Sd/- Assistant Registrar(CS-V) //True copy// RS Sub Assistant Registrar To 1.The Income Tax Appellate Tribunal, Chennai 'D' Bench. 2. The Commissioner of Income Tax, Chennai 3.The Assistant Commissioner of Income Tax Company Circle-II(i), Chennai +1cc to Mr.T.Ravikumar, Advocate SR.No.70840 TCA.No.69 of 2011 GP(CO) GMY(14/11/2018)