Commissioner Of Income Tax v. Smrc Automotive Holding Netherlands B.V.

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 30.07.2025

CORAM

THE HON'BLE MR.MANINDRA MOHAN SHRIVASTAVA, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE SUNDER MOHAN Commissioner Of Income Tax International Taxation Chennai- 600 034 : Appellant Vs M/s.SMRC Automotive Holding Netherlands B.V.

C/o.SRMC Automotive Products India Ltd Plot No.G 34, Survey No.15 Pt 16Pt Siocot Incdustiral Park Vallam Vadagal A Village Kanchipuram 602 105 PAN AAHCR 3869C : Respondent Prayer: Appeal filed against the order of the Income Tax Appellate Tribunal, Madras "D" Bench, Chennai, dated 22.12.2023 in IT(TP)A.No.53/CHNY/2021.

For Appellant :

Mr.R.Karthik For Respondent :

Mr.N.V.Narayanan

JUDGMENT

(Delivered by the Hon'ble Chief Justice) Learned counsel for the Revenue fairly conceded today that the monetary limit involved in this appeal is below the monetary limit prescribed in Circular No.09/2024, dated 17.09.2024, issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, Government of India.

2. The appeal is therefore closed. There will be no order as to costs. Consequently, CMP Nos.10843 and 11154 of 2025 are closed. (MANINDRA MOHAN SHRIVASTAVA, CJ.) (SUNDER MOHAN, J.) 30.07.2025 Index : Yes/No : Yes/No tar

To 1.The Commissioner Of Income Tax International Taxation Chennai- 600 034 2.The Income Tax Appellate Tribunal, Madras "D" Bench, Chennai

THE HON'BLE CHIEF JUSTICE AND SUNDER MOHAN , J.

(tar) 30.07.2025