The Commissioner Of Income Tax, Central-Iii, Chennai v. M/S.grt Thanga Maligai (P) Ltd., Chennai-17

In the High Court of Judicature at Madras The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN The Commissioner of Income Tax, Central-III, Chennai...AppellantVsM/s.GRT Thanga Maligai (P) Ltd.,Chennai-17....Respondent APPEALS under Section 260A of the Income Tax Act, 1961against the common order dated 29.2.2008 in ITA Nos.724 to726/Mds/2007 on the file of the Income Tax AppellateTribunal Madras 'A' Bench respectively for the assessmentyears from 2002-03 to 2004-05 Preferred against the orderof the commissioner of Income Tax,(Appeals)II Chennai.Dated 07.12.2006 In Appeal No.CIT(A)CHE/190/06-07,AppealNo.CIT(A)CHE/191/06-07,and Appeal No.CIT(A)CHE/192/06-07filed against the Assessment order of the jointcommissioner of Income Tax,Central circle III(3) ChennaiDATED 31.03.2006 for the assessment year 2002-2003 to2004-2005 respectively. For Appellant : Mr.T.R.SenthilkumarFor Respondent : Mr.M.P.Senthilkumar for Mr.Philip George 2. These appeals by the Revenue challenge the commonorder passed by the Income Tax Appellate Tribunal, whichdecided the issue in favour of the assessee. https://hcservices.ecourts.gov.in/hcservices/ 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 In the light of the above, the appeals aredismissed as withdrawn and the substantial questions of lawframed are left open.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 thesaid 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. Sd/- Assistant Registrar(CS IX) //True Copy// Sub Assistant RegistrarToThe Income Tax Appellate Tribunal, Madras 'A' Bench. 2.the commissioner of Income Tax,(Appeals)II Chennai. 3.The Income Tax,Central circle III(3) Chennai. +1cc to Mr.T.R.Senthilkumar , Advocate SR.No. 69520TCA.Nos.1267 to 1269 of 2009ASK(14/11/2018)