The Commissioner Of Income Tax, Chennai v. M/S.indo Asian Finance Limited, Chennai-17

In the High Court of Judicature at Madras The Honourable Mr.Justice T.S.SIVAGNANAM The Commissioner of Income Tax, Chennai...Appellant/RespondentVsM/s.Indo Asian Finance Limited,Chennai-17....Respondent/Appellant APPEALS under Section 260A of the Income Tax Act, 1961against the common order dated 17.1.2013 in ITA Nos.1150 to1154/Mds/2008 on the file of the Income Tax Appellate TribunalChennai 'A' Bench respectively for the assessment years from1999-2000 to 2003-04 against the common order dated 29.12.2006in PAN GIR No.AAACI21170 for the assessment year 1999-2000,15/02/2008 in PAN No.AAACI21170 on the file of the Commissionerof Income Tax (Appeals)XII, chennai year 1999-2000 to 2002-2003and the order dated 31/01/2008 for the assessment year 2003-2004on the file of the Commissioner of Income Tax (Appeals) VIII,Chennai which were filed against the order dated dated22/08/2009, 22/08/2007 and 28/03/2006 in GI No/PAN No/AAACI21170for the Assessment years 2000-01 to 2003-2004 by the AssistantCommissioner of Income Tax, Company Circle II (3) Chennai. 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 11.7.2018 https://hcservices.ecourts.gov.in/hcservices/ issued by the Central Board of Direct Taxes. 4. In the light of the above, the appeals are dismissed aswithdrawn and the substantial question of law framed is 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. Sd/- Assistant Registrar(CS-VII) //True copy//Sub Assistant RegistrarTo1. The Income Tax Appellate Tribunal, Chennai 'A' Bench.2. The Commissioner of Income Tax (Appeals) VIII, Chennai.3. The Commissioner of Income Tax (Appeals) XII, Chennai.4. The Additional Commissioner of Income Tax,Company Range-II(3), Chennai.+1cc to Mr.T.R.Senthilkumar, Advocate SR.No.69519TCA.Nos.641 to 645of 2013 SJ(CO)GMY(30/10/2018)