The Commissioner Of Income Tax, Chennai v. M/S.dart Global P. Ltd., Chennai-15

In the High Court of Judicature at Madras Coram : The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN Tax Case Appeal No.90 of 2014 The Commissioner of Income Tax, Chennai Vs ...Appellant M/s.Dart Global P. Ltd., Chennai-15 ...Respondent APPEAL under Section 260A of the Income Tax Act, 1961against the order dated 01.5.2013 in ITA No.431/Mds/2013 on thefile of the Income Tax Appellate Tribunal Chennai 'A' Bench forthe assessment year 2007-08. as against the Order passed by theCommissioner of Income Tax (Appeals) IX, Chennai in ITA.No.338/2009-10 dated 27.12.2012 for the assessment year 2007-2008against the order passed by the Assistant Commissioner of IncomeTax Company Circle 1(4), Chennai. For Appellant : Mr.T.Ravikumar & Mrs.R.HemalathaFor Respondent : Mr.R.Sivaraman 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 11.7.2018issued by the Central Board of Direct Taxes. 4. In the light of the above, the appeal is dismissed as https://hcservices.ecourts.gov.in/hcservices/ withdrawn and the substantial question of law framed is leftopen.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. Sd/- Assistant Registrar(CS-VI) //True Copy// Sub Assistant Registrar To1.The Income Tax Appellate Tribunal, Chennai 'A' Bench.2. The Commissioner of Income Tax (Appeals)IX, 121, Mahatma Gandhi Road, Chennai 600 034.3. The Assistant Commissioner of Income Tax, Company circle 1(4), Chennai.4. The Commissioner of Income Tax, Chennai.5. The Assistant Registrar, Income Tax Appellate Tribunal, III rd Floor, Besant Nagar, Rajaji Bhavan, Chennai.TCA.No.90 of 2014VSNII(CO)GN(16/11/2018)