Commisisoner Of Income Tax v. All India Chess Federation
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED : 11.10.2018 CORAM :
The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN Tax Case Appeal No.19 of 2015 The Commissioner of Income Tax, Chennai ..Appellant/Respondent Vs All India Chess Federation, Chennai-3 ..Respondent/Appellant APPEAL under Section 260A of the Income Tax Act, 1961 against the order dated 09.5.2014 in ITA No.184/Mds/2013 on the file of the Income Tax Appellate Tribunal Chennai 'C' Bench for the assessment year 2009-10 as against the order of the Commissioner of Income Tax AppealXII, made in ITA.No.515/201112, dated 30.10.2012 as against the assessment order of the Joint Commissioner of Income -Tax (OSD) Exemptions-II, Chennai for the Assessment year 2009-10, dated 23.12.2011. For Appellant :
Mr.Karthik Ranganathan For Respondent:
No appearance 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 by the Income Tax Appellate Tribunal, which decided the issue in favour of the assessee.
3. The Revenue seeks to withdraw the appeal on account of low tax effect in terms of Circular No.3 of 2018 dated 11.7.2018 issued by the Central Board of Direct Taxes.
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4. In the light of the above, the appeal is dismissed as withdrawn and the substantial questions of law framed are left open. In the event the tax effect is above the threshold limit fixed in the said circular, liberty is granted to the Revenue to make a mention to this Court to restore the appeal to be heard and decided on merits.
Sd/- Assistant Registrar(CS-IX) //True Copy// Sub Assistant Registrar To
1. The Income Tax Appellate Tribunal, Chennai 'C' Bench.
2. The Commissioner of Income Tax Appeal XII, C Bench, Chennai.
3. The Joint Commissioner of Income Tax (OSD) Exemption-II, Chennai.
+ 1 cc to M/s. G. Baskar, Advocate Sr.71386 TCA.No.19 of 2015 CNR(CO) EU(16/11/2018) https://hcservices.ecourts.gov.in/hcservices/