The Commissioner Of Income Tax, Puducherry-3 v. M/S.hidesign, Puducherry

In the High Court of Judicature at Madras The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN The Commissioner of Income Tax, Puducherry-3 ...Appellant/Appellant in both casesVs M/s.Hidesign, Puducherry...Respondent/Respondent in both cases APPEALS under Section 260A of the Income Tax Act, 1961against the common order dated 21.7.2014 in ITA Nos.1049 and1052/Mds/2014 on the file of the Income Tax Appellate TribunalMadras 'C' Bench respectively for the assessment years 1998-99and 2001-02. For Appellant : Mr.T.R.Senthilkumar & Ms.K.G.UsharaniFor Respondent : No appearanceCOMMON 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. 4. In the light of the above, the appeals are dismissed aswithdrawn and the substantial question of law framed is leftopen. In the event, in each of the cases, the tax effect is https://hcservices.ecourts.gov.in/hcservices/ above 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. Sd/-Assistant Registrar(CO) //True Copy// Sub Assistant Registrar To1.The Income Tax Appellate Tribunal, Madras 'C' Bench.2. The Commissioner of Income Tax, Puducherry-3.3. The Section Officer, E.R. Section, High Court, Madras.(2 copies) +2cc to Mr.T.R.Senthil Kumar, Advocate, S.R.No. 72169, 72170TCA.Nos.832 & 835 of 2015BR(CO)GN(20/11/2018)