The Commissioner Of Income Tax, Chennai v. Sevren Glocon (India) Pvt. Ltd., Chennai

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 Nos.399 & 400 of 2016 & CMP.No.8643 of 2016 The Commissioner of Income Tax, Chennai...AppellantVs Sevren Glocon (India) Pvt. Ltd.,Chennai-602117....Respondent APPEALS under Section 260A of the Income Tax Act, 1961against the common order dated 19.6.2015 in ITA Nos.2816and 2770/Mds/2014 on the file of the Income Tax AppellateTribunal Madras 'D' Bench for the assessment year 2010-11and against Income Tax Appellate Tribunal D Bench, Chennai.Made in ITA NO.2816/MDS/2014 Assessment Year 2010-11-PAN. and against the Commissioner of Income Tax(Appeals)-VI, Chennai. 34 made in ITA.1718/13-14/A-VIdated.29/08/2014 and PAN. . For Appellant : Mr.T.R.Senthilkumar and Ms.K.G.UsharaniFor Respondent : No appearance COMMON JUDGMENT (Judgment was delivered by T.S.SIVAGNANAM,J)Heard the learned counsel for the appellant. 2. These appeals by the Revenue challenge the commonorder passed by the Income Tax Appellate Tribunal, whichdecided the issue in favour of the assessee. 3. The Revenue seeks to withdraw the appeals onaccount of low tax effect in terms of Circular No.3 of 2018dated 11.7.2018 issued by the Central Board of Direct Taxes. https://hcservices.ecourts.gov.in/hcservices/ 4. In the light of the above, the appeals aredismissed as withdrawn and the substantial questions of lawframed are left open. In the event, in each of the cases,the tax effect is above the threshold limit fixed in thesaid circular, liberty is granted to the Revenue to make amention to this Court to restore the appeals to be heardand decided on merits. Consequently, the connected CMP isalso dismissed. 2.The Commissioner of Income Tax (Appeals)-VI, Chennai. 34 +1cc to Mr.T.R.Senthilkumar , Advocate SR.No. 10778+1cc to Mr. T.R.Senthilkumar, Advocate SR.No. 10777 TCA.Nos.399 & 400 of 2016and CMP.No.8643 of 2016