The Commissioner Of Income Tax, Non Corporate Range 14, Chennai v. Shri Senthil Kumar Angamuthu

In the High Court of Judicature at Madras The Honourable Mr.Justice T.S.SIVAGNANAMand The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN Tax Case Appeal Nos.317 & 318 of 2017 The Commissioner of Income Tax, Non Corporate Range 14, Chennai...Appellant Vs Shri Senthil Kumar Angamuthu,C/O Akbar Rifa & Co., Chennai-40....Respondent APPEALS under Section 260A of the Income Tax Act, 1961against the common order dated 25.11.2006 in ITA Nos.950 and951/Mds/2016 on the file of the Income Tax Appellate TribunalMadras 'C' Bench for the assessment year 2011-12 against theOrder dated 29/02/2016 made in ITA.No. 158/2014-15 and 159/2014-15 respectively passed by the Commissioner of Income Tax(Appeals)-14, Chennai and against the order dated 21/03/2014passed by the Income Tax Officer, Business Ward V (1), Chennai-34 for the assessment Year 2011-2012. For Appellant : Mr.M.Swaminathan & Ms.V.Pushpa (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. 4. In the light of the above, the appeals are dismissed aswithdrawn and the substantial question of law framed is left https://hcservices.ecourts.gov.in/hcservices/ open. 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-IX)//True Copy// Sub Assistant RegistrarTo1.The Income Tax Appellate Tribunal, Madras 'C' Bench.2. The Commissioner of Income Tax (Appeals)-14, Chennai.3. The Income Tax Officer, Business Ward V (1), Chennai-34.+1cc to Mr.M.Swaminathan, Advocate, S.R.No. 71798TCA.Nos.317 & 318 of 2017SAI(CO)GN(20/11/2018)