The Commissioner Of Income Tax, Ward Iii(1), Trichy v. Shri R.m.sundaram

In the High Court of Judicature at Madras Dated : 08.10.2018 Coram : The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN Tax Case Appeal No.368 of 2013 The Commissioner of Income Tax, Ward III(1), Trichy...AppellantVsShri R.M.Sundaram...Respondent APPEAL under Section 260A of the Income Tax Act, 1961against the order dated 22.11.2012 in ITA No.1583/Mds/2012on the file of the Income Tax Appellate Tribunal Chennai'B' Bench for the assessment year 2004-05 appeal finalagainst the commissioner of Income Tax order dated 20.06.12in ITA.NO.148/11-12 for the assessment year 2004-2005against the Assessment Order dated 08.12.2008 for theassessment year 2004-2005. For Appellant : Mr.T.RavikumarFor Respondent : Mr.A.S.Sriraman Judgment was delivered by T.S.SIVAGNANAM,J Heard the learned counsel for the appellant. 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 In the light of the above, the appeal is dismissedas withdrawn and the substantial question of law framed isleft open. In the event the tax effect is above the https://hcservices.ecourts.gov.in/hcservices/ threshold limit fixed in the said circular, liberty isgranted to the Revenue to make a mention to this Court torestore the appeal to be heard and decided on merits. Nocosts. Sd/- Assistant Registrar(CS v) //True Copy// Sub Assistant Registrar To The Income Tax Appellate Tribunal, Chennai 'B' Bench.2.the commissioner of Income Tax(Appeals)New No.44, old No.4 willioms Road,Tiruchirapalli. +1cc to Mr.T.Ravikumar , Advocate SR.No. 64088+1cc to Mr.S.Sridhar , Advocate SR.No. 69278TCA.No.368 of 2013ASK(15/11/2018)