The Commissioner Of Income Tax, Chennai v. Shri Mohammed Anaikar

In the High Court of Judicature at Madras The Honourable Mr.Justice T.S.SIVAGNANAM The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN Tax Case Appeal No.101 of 2016 The Commissioner of Income Tax, Chennai ...Appellant VsShri Mohammed Anaikar...Respondent APPEAL under Section 260A of the Income Tax Act, 1961against the order dated 17.7.2015 in ITA No.35/Mds/2015 on thefile of the Income Tax Appellate Tribunal Chennai 'D' Bench forthe assessment year 2010-11 against the order of theCommissioner of Income Tax(A)-V, Chennai dated 23.9.2014 in ITANo.1038/13-14 and against the order dated 20.6.2013 in ITANo.1038/13-14(A)-V on the fiel of the Income Tax Officer,Business Ward XV(4), Chennai-34. For Appellant : Mr.Karthik Ranganathan 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 aswithdrawn and the substantial questions of law framed are left https://hcservices.ecourts.gov.in/hcservices/ open. 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-V) //True copy// Sub Assistant Registrar To 1.The Income Tax Appellate Tribunal, Chennai 'D' Bench. 2. The Commissioner of Income Tax (A)-V, Chennai. 3. The Income Tax Officer,Business Ward XV(4), Chennai-34. 4. The Additional Joint Commissioner, of Inocme Tax, Business Range XV, Chennai-34. +1cc to M/s.Subbaraya Aiyer Padmanabhan, Advocate SR.No.70762 +1cc to Mr.Karthik Ranganathan, Advocate SR.No.70649 TCA.No.101 of 2016 GMY(19/11/2018)