The Acit Circle I, v. City Union Bank Ltd.,

TC.(A)No.738 of 2010

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 25.10.2024 CORAM :

THE HONOURABLE DR.JUSTICE ANITA SUMANTH and THE HONOURABLE MR.JUSTICE G. ARUL MURUGAN Tax Case (Appeal) No.738 of 2010 The ACIT Circle I Kumbakonam .. Appellant vs City Union Bank Ltd., CentralOffice, 149,TSR Big Street, Kumbakonam .. Respondent PRAYER: APPEAL filed under Section 260A of the Income Tax Act, 1961 against order dated 27.11.2009 passed in I.T.A.No.740/Mds/2009 for Assessment Year 2002-03 on the file of the Income Tax Appellate Tribunal, Madras 'C' Bench, Chennai.

For Appellant : Mr.J.Narayanaswamy, Senior Standing Counsel For Respondent : No appearance https://www.mhc.tn.gov.in/judis 1/2

TC.(A)No.738 of 2010 DR. ANITA SUMANTH,J.

and G. ARUL MURUGAN.,J

JUDGMENT

(Order of the Court was made by Dr.ANITA SUMANTH.,J) There is no appearance for the respondent, though served.

2. Mr.J.Narayanaswamy, learned Senior Standing Counsel appearing for the Income Tax Department does not wish to pursue this appeal and seeks withdrawal of the same on account of low tax effect per Circular bearing No.9 of 2024 dated 17.09.2024.

3. Hence, keeping the questions of law alive for determination in an appropriate case, this appeal is dismissed as withdrawn. No costs. [A.S.M., J] [G.A.M., J] 25.10.2024 Index:Yes/No Speaking order/Non-speaking order sl TC(A).No.738 of 2010 https://www.mhc.tn.gov.in/judis 2/2