The Commissioner Of Income Tax, Chennai v. Tamil Nadu Tennis Association,Nungambakkam Tennis Stadium,Chennai-34

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.477 and 480 of 2015 The Commissioner of Income Tax, Chennai ...Appellant Vs Tamil Nadu Tennis Association,Nungambakkam Tennis Stadium,Chennai-34....Respondent APPEALS under Section 260A of the Income Tax Act, 1961against the common order dated 28.11.2014 in ITANo.1757/Mds/2013 and C.O.No.169/ Mds/2013 on the file of theIncome Tax Appellate Tribunal Chennai 'C' Bench respectively forthe assessment years 2009-10 and 2010-11. For Appellant : Mr.Karthik RanganathanFor Respondent : Mr.A.S.Sriraman 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 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 11.7.2018issued by the Central Board of Direct Taxes. https://hcservices.ecourts.gov.in/hcservices/ 4. In the light of the above, the appeals are dismissed aswithdrawn and the substantial questions of law framed are 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. No costs. Sd/- Assistant Registrar(CS-VI) //True Copy// Sub Assistant RegistrarTo1.The Income Tax Appellate Tribunal, Chennai 'C' Bench.2. The commissioner of Income Tax, Chennai.+1cc to Mr.Sridhar, Advocate, S.R.No. 69279TCA.Nos.477 & 480 of 2015MG(CO)GN(27/11/2018)