The Commissioner Of Income Tax Chennai v. M/S.servion Global Solutions Ltd

In the High Court of Judicature at Madras Dated : 29.10.2018 Coram : The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN Tax Case Appeal No. 159 of 2016 The Commissioner of Income TaxChennai. ...Appellant/AppellantVs M/s.Servion Global Solutions Ltd.,No. 12, Wallace Garden Road,First Street, Nungambakkam,Chennai – 600 034. ...Respondent/Respondent Appeal under Section 260A of the Income Tax Act, 1961 isdirected against the order dated 18.03.2015 in ITANo.1797/Mds/2014 on the file of the Income Tax AppellateTribunal Madras 'B' Bench for the assessment year 2005-06. andagainst the order dt:28/12/2014 in ITA.No.1059/13-14.VI by theCommissioner of Income Tax Appeals, Chennai against the order ofAdditional Commissioner of Income Tax, Company Range VI,Chennai-34, dated:04/12/2008 in PAN./AAC10947F/2005-06. JUDGMENT (Judgment was delivered by T.S.SIVAGNANAM,J) Heard the learned counsel for the appellant. 2. This appeal by the Revenue is challenged against theorder passed by the Income Tax Appellate Tribunal, which decidedthe issue in favour of the assessee. https://hcservices.ecourts.gov.in/hcservices/ 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, this appeal is dismissed aswithdrawn 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 appeals to be heardand decided on merits. Sd/- Assistant Registrar(CS VI)//True Copy// Sub Assistant Registrar To 1.The Income Tax Appellate Tribunal, Madras 'B' Bench. 2.The Commissioner of Income Tax,(Appeals)-VI,Chennai. 3.The Commissioner of Income Tax,Chennai. 4.The Additional Commissioner of Income Tax,company Range-VI, Chennai-34. 5.The Assistant Registrar Income Tax,Appellate Tribunal, Besant Nagar, Chennai. +1cc to Mr.T.R.Senthilkumar, Advocate, S.R.No.74732 TCA No. 159 of 2016 SJ(CO)GSP(10/12/2018)