The Commissioner Of Income Tax, Chennai v. M/S.chettinad Logistics Pvt. Ltd., Chennai-6

In the High Court of Judicature at Madras The Honourable Mr.Justice T.S.SIVAGNANAM The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN The Commissioner of Income Tax, Chennai...Appellant in both TCVsM/s.Chettinad Logistics Pvt. Ltd.,Chennai-6....Respondent in both TC APPEALS under Section 260A of the Income Tax Act, 1961against the common order dated 21.11.2013 in ITA Nos.308 and309/Mds/2013 on the file of the Income Tax Appellate TribunalMadras 'C' Bench respectively for the assessment years 2005-06and 2007-08 against the order passed by the Commissioner ofIncome Tax (A) III, Chennai dated 29.11.2012 made inITA.Nos.597/09-10/A-III and 392/07-08/A-III against theAssessment order passed by the Assistant Commissioner of Income-Tax Company Circle -I(3), Chennai -600 034, dated 18/12/2007,31/12/2009 made in G1No/PANO AABCC 455IC respectively. COMMON JUDGMENT(Judgment was delivered by T.S.SIVAGNANAM,J) 2. These appeals by the Revenue challenge the common orderpassed by the Income Tax Appellate Tribunal, which decided theissue in favour of the assessee. 3. The Revenue seeks to withdraw the appeals 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 appeals are dismissed aswithdrawn and the substantial questions of law framed are leftopen. In the event, in each of the cases, the tax effect isabove the threshold limit fixed in the said circular, liberty isgranted to the Revenue to make a mention to this Court torestore the appeals to be heard and decided on merits. No costs. Sd/- Assistant Registrar(CS IX) //True Copy// Sub Assistant RegistrarTo1.The Income Tax Appellate Tribunal, Madras 'C' Bench.2.The Income Tax(A)-III, Chennai3.The Assistant Commissioner of Income Tax, Company Circle-I(3) chennai.+2cc to Mr.T.R.Senthil Kumar, Advocate SR.NO.70789, 70788EV(CO)sm:16.11.2018 TCA.Nos.575 & 576 of 2014