Commissioner Of Income Tax v. M/S International Services

In the High Court of Judicature at Madras Dated : 12.10.2018 Coram :

The Honourable Mr.Justice T.S.SIVAGNANAM and The Honourable Mrs.Justice V.BHAVANI SUBBAROYAN Tax Case Appeal No.509 of 2014 The Commissioner of Income Tax, Chennai.

...Appellant Vs M/s.International Services, Chennai-1 Harbur Gate, 44-45, Rajai Salai, Chennai.

...Respondent

APPEAL under Section 260A of the Income Tax Act, 1961 against the order dated 27.9.2013 in ITA No.313/Mds/2010 on the file of the Income Tax Appellate Tribunal Chennai 'D' Bench for the assessment year 2006-07 against the order of the Commissioner of Income Tax (Appeals)-IX, Chennai dated 7.12.2009 made in ITA.No.105/08-09 for the assessment year 2006-07 and against the order of the Assistant Commissioner of Income Tax, Business Circle -VIII, Chennai-6, dated 17.12.2008 and made in AAAF10228E/PAN/GIR No.

For Appellant :

Mr.M.Swaminathan For 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 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.

4. In the light of the above, the appeal is dismissed as withdrawn and the substantial question of law framed is left open. 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 to make a mention to this Court to restore the appeal to be heard and decided on merits. No costs.

Sd/- Assistant Registrar(CS-IX) //True Copy// Sub Assistant Registrar To

1. The Income Tax Appellate Tribunal, Chennai 'D' Bench,

2. The Commissioner of Income Tax (Appeals)-IX, 121, Mahatma Ganthi road, Chennai 34.

3. The Assistant Commissioner of Income Tax Business Circle-VIII, Chennai.

+ 1 cc to M/s. S. Sridhar, Advocate Sr.71012 + 1 cc to M/s. M. swaminathan,Advocate Sr.70931 TCA.No.509 of 2014 MP(CO) EU(16/11/2018) https://hcservices.ecourts.gov.in/hcservices/