The High Court dismissed the Income Tax Appeal No.1835 of 2008 as withdrawn. The substantial question of law regarding the validity of cancelled penalty under Sec. 271(1)(c) was left open. No costs awarded.
Appeal dismissed as withdrawn; substantial question of law left open; no costs.
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IN THE HIGH COURT OF JUDICATURE OF MADRAS
DATED: 16.06.2016
CORAM:
THE HONOURABLE MR.JUSTICE S.MANIKUMAR and THE HONOURABLE MR.JUSTICE D.KRISHNAKUMAR
Tax Case(Appeal).No.1835 of 2008
The Commissioner of Income-Tax, Chennai
... Appellant
-vs-
M/s.George Oakes Ltd., 17, Greams Road, Chennai - 600 006
... Respondent
Tax Case Appeal filed under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal, Chennai 'A' Bench, dated 25.01.2008 passed in I.T.A.No.1715/Mds/2006.
For Appellant : Mrs.R.Hemalatha Junior Standing Counsel for Income Tax Dept. For Respondent : No appearance
JUDGMENT
[Judgment of the Court was made by S.MANIKUMAR, J.]
This Appeal has been filed against the order of the Income Tax Appellate Tribunal, 'A' Bench, Madras, dated 25.01.2008.
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"Whether on the facts and in the circumstances of the case the Income-Tax Appellate Tribunal was right in law in cancelling the penalty levied by the Commissioner of Income tax (Appeals) of Rs.10,75,000/- under section 271(1)(c) of the Income-tax Act, 1961 is valid? "
submitted that the tax implication in the instant appeal is less than the ceiling limit fixed by the Circular bearing No.21 of 2015, dated 10/12/2015. She
further submitted that as per the Circular, Tax Case Appeals have been instructed to be withdrawn, subject to the matters covered under the circular.
Case Appeal No.1835 of 2008, as withdrawn, substantial question of law raised
is left open. No costs.
[S.M.K., J.] [D.K.K., J.] 16.06.2016
Index: Yes/No Internet: Yes/No ars
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S.MANIKUMAR, J., and D.KRISHNAKUMAR, J.,
ars
To
The Commissioner of Income-Tax, Chennai
Tax Case(Appeal).No.1835 of 2008
16.06.2016
The Commissioner of Income-Tax, Chennai
M/s.George Oakes Ltd.
S.MANIKUMAR
D.KRISHNAKUMAR
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
