The Commissioner Of Income Tax, Corporate Circle-3, Chennai v. M/S.tamilnadu Medical Plant & Herbal Medicine Corporation Ltd., Chennai-106

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 No.813 of 2017 The Commissioner of Income Tax, Corporate Circle-3, ChennaiVsM/s.Tamilnadu Medical Plant & HerbalMedicine Corporation Ltd., Chennai-106 ...Appellant Vs...Respondent Appeal under Section 260A of the Income Tax Act 1961 againstthe order dated 31.5.17 in ITA 351/mds/ 2017 on the file ofIncome Tax Appellate Tribunal Chennai 'D' Bench for theAssessment Year 2012-13 against the order of the Commissioner ofIncome Tax (Appeals)-13 Chennai dated 29/11/16 pertains toassessment year 2012-13 in PAN .For Appellant : Mr.M.SwaminathanFor Respondent : Mr.G.Baskar Judgment was delivered by T.S.SIVAGNANAM,J Heard the learned counsel for the appellant. 2. This appeal by the Revenue challenges the order passed bythe 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. https://hcservices.ecourts.gov.in/hcservices/ 4. In the light of the above, the appeal is dismissed aswithdrawn and the substantial questions of law framed are 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 appeal to be heardand decided on merits. No costs. Sd/- Assistant Registrar(CCC) //True Copy// Sub Assistant RegistrarTo1.The Income Tax Appellate Tribunal, Chennai 'D' Bench.2.The Commissioner of Income Tax (Appeals)-13 121 Mahathma Gandhi Road, Chennai-34.3.The Office of Assistant Commissioner of Income Tax (OSD) Corporate Circle-3, 4[th] Floor Wamaparthy Block, 121, M.G.Road, Nungambakkam, Chennai-34.+1cc to Mr.M.Swaminathan, Advocate sr.71667+1cc to Mr.G.Baskar, Advocate sr.72188TCA.No.813 of 2017 rgn[co]srg 14/12/2018