The Principal Commissioner Of Income Tax, Central-I, Chennai-34 v. M/S.santha Build-Tech India Pvt

In the High Court of Judicature at Madras Tax Case Appeal No.160 of 2017 The Principal Commissioner of Income Tax, Central-I, Chennai-34....Appellant/RespondentVs M/s.Santha Build-Tech India Pvt. Ltd., Chennai....Respondent/Appellant APPEAL under Section 260A of the Income Tax Act, 1961against the order dated 29.4.2016 in ITA No.2308/Mds/2013 on thefile of the Income Tax Appellate Tribunal Chennai 'C' Bench forthe assessment year 2008-09 against the order of theCommissioner of Income Tax (Appeals)V Chennai dated 30.09.2013made in I.T.A. No. 36/13-14 against the Deputy Commissioner ofIncome Tax, Central Circle III(1) Chennai dated 30.03.2013 madein PAN.No. Assessment year 2008-2009. 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. 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 limit https://hcservices.ecourts.gov.in/hcservices/ fixed 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. -s/d- Assistant Registrar(CS-IX) True Copy Sub-Assistant Registrar To1.The Income Tax Appellate Tribunal, Chennai 'C' Bench.2. The Commissioner of Income Tax (Appeals)(1)(II) 46, Old No. 108, Mahathma Gandhi Road, Chennai 34.3. The Deputy Commissioner of Income Tax, Central Circle III(1) New Building, 3[rd] Floor, 46/108, Mahathma Gandhi Road, Chennai34.+1 CC to Mr.P.J.Rishikesh, Advocate sr 69606.+1 CC to Mr.T.R.Senthilkumar, Advocate sr 69516. TCA.No.160 of 2017VGII(CO)SP(19/11/2018)