The Commissioner Of Income Tax, Chennai v. Shri Varadarajan Santhanaraman

IN THE HIGH COURT OF JUDICATURE AT MADRAS Coram : The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN The Commissioner of Income Tax, Chennai....AppellantVsShri Varadarajan Santhanaraman...Respondent APPEAL under Section 260A of the Income Tax Act, 1961against the order dated 25.1.2017 in ITA No.2309/Mds/2016on the file of the Income Tax Appellate Tribunal Chennai'A' Bench for the assessment year 2012-13 and against theorder dt. 30.03.2016 in ITA NO.204/CIT(A)-2/2014-2015 onthe file of the commissioner of Income Tax (appeals)-2,121,M.G.Road,Nungambakkam Chennai and against the orderdt 29.11.2014 in PAN NO. for the Assessment year2012-2013 on the file of the Deputy commissioner of IncomeTax,Non Corporate circle -2, Chennai. For Appellant : Mr.T.RavikumarFor Respondent : No appearance Judgment was delivered by T.S.SIVAGNANAM,J 2. This appeal by the Revenue challenges the orderpassed by the Income Tax Appellate Tribunal, which decidedthe issue in favour of the assessee. 3. The Revenue seeks to withdraw the appeal on accountof low tax effect in terms of Circular No.3 of 2018 dated11.7.2018 issued by the Central Board of Direct Taxes. 4. In the light of the above, the appeal is dismissedas withdrawn and the substantial questions of law raisedare left open. In the event the tax effect is above thethreshold limit fixed in the said circular, liberty is https://hcservices.ecourts.gov.in/hcservices/ granted to the Revenue to make a mention to this Court torestore the appeal to be heard and decided on merits. //True Copy// Sd/- Assistant Registrar(co) Sub Assistant Registrar To The Income Tax Appellate Tribunal, Chennai 'A' Bench. +1cc to Mr.T.Ravikumar , Advocate SR.No. 70944+1cc to Mr.G.Baskar, Advocate SR.No. 70982TCA.No.468 of 2017ASK(19/11/2018)