Commissioner Of Income Tax v. Laserwords Us Inc

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 10.06.2025 CORAM :

THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE SUNDER MOHAN CMP Nos.5215 and 5218 of 2025 Commissioner of Income Tax International Taxation Chennai - 600 034.

Appellant(s) Vs Laserwords US Inc., C/o.SPI Technologies India Pvt Ltd Gothi Industrial Estate RS Nos.415 and 416 Vazhuduvur Road Kurumbapet Revenue Village Puducherry - 605 009.

Respondent(s) Prayer: Appeal filed under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal "D" Bench, Chennai,

dated 22.12.2023 in IT(TP)A No.34/CHNY/2023.

For Appellant(s):

Mr.R.Karthik, Sr.Standing Counsel For Respondent(s): Mr.N.V.Balaji

JUDGMENT

(Delivered by the Hon'ble Chief Justice) Mr.Karthik states 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. Counsel says that he has instructions, therefore, to withdraw the appeal.

2. Counsel also states that the withdrawal is only due to the monetary limit and without conceding the stand of the Department. Appeal stands dismissed as withdrawn. There shall be no order as to costs. Consequently, interim applications stand closed. (K.R.SHRIRAM, CJ.) (SUNDER MOHAN, J.) 10.06.2025

Index :

Yes/No :

Yes/No sasi To:

1. The Assistant Registrar Income Tax Appellate Tribunal Chennai Benches, Chennai.

2. The Income Tax Officer (OSD) & Secretary (DRP-1) Office of Dispute Resolution Panel-1 Kendriya Sadan, 4th Floor, C Wing Bengaluru - 560 034.

3. The Deputy Commissioner of Income Tax Office of the Assistant Commissioner of Income Tax International Taxation, DCIT INTL Tax 1(2) Chennai.

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

(sasi) 10.06.2025