The Commissioner Of Income Tax, Chennai v. Mr.b.mohandoss

In the High Court of Judicature at Madras Coram : The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN The Commissioner of Income Tax, Chennai...AppellantVsMr.B.Mohandoss...Respondent APPEAL under Section 260A of the Income Tax Act, 1961against the order dated 20.11.2008 in ITA No.989/Mds/2007on the file of the Income Tax Appellate Tribunal Chennai'A' Bench for the assessment year 2000-01 and against theorder of the commissioner of Income Tax (Appeals)xi,Chennai 34.dt.22/12/06 made in ITA.22/06-07 and against theorder of the Income tax officer Ward 1(3), Tambaram,Chennai 45 dt.31/03/2006 made in PAN/GIR NO. /13-7130 Assessment year 2000-01. For Appellant : Mr.Karthik RanganathanFor Respondent :Mr.R.Venkata Narayanan for M/s.Subbaraya Aiyer Padmanabhan Judgment was delivered by T.S.SIVAGNANAM,J Heard the learned counsel for the appellant. 2. This appeal by the Revenue challenges the orderpassed by the Income Tax Appellate Tribunal, which decidedthe issue in favour of the assessee. 3. The Revenue seeks to withdraw the appeal on accountof low tax effect in terms of Circular No.3 of 2018 dated11.7.2018 issued by the Central Board of Direct Taxes. 4. In the light of the above, the appeal is dismissedas withdrawn and the substantial questions of law framedare left open. In the event the tax effect is above thethreshold limit fixed in the said circular, liberty isgranted to the Revenue to make a mention to this Court to https://hcservices.ecourts.gov.in/hcservices/ restore the appeal to be heard and decided on merits. Nocosts. Sd/- Assistant Registrar(CS ix) //True Copy// Sub Assistant Registrar To 1.The commissioner of Income Tax , Chennai 2.The commissioner of Income Tax (Appeals)xi, Chennai 34. 3.The Income Tax Appellate Tribunal, Chennai 'A' Bench. 4.The Income Tax officer,Ward 1(3),Tambaram, Chennai 45. +1cc to Mr.Karthik Ranganathan , Advocate SR.No. 72638 +1cc to M/s.Subbaraya Aiyer Padmanabhan , Advocate SR.No.71635 TCA.No.619 of 2009 ASK(20/11/2018)