Commissioner Of Income Tax I v. M/S Tvs Motor Co Ltd

2025:MHC:66 T.C.A.No.329 of 2011

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 03.01.2025 CORAM :

THE HONOURABLE DR.JUSTICE ANITA SUMANTH and THE HONOURABLE MR.JUSTICE G. ARUL MURUGAN T.C.A.No.329 of 2011 The Commissioner of Income Tax-I, Chennai.

.. Appellant vs M/s. TVS Motor Company Ltd, No.29, Haddows Road, Chennai - 600 006.

.. Respondent Prayer : Appeal filed under Section 260A of the Income Tax Act, 1961 against order of the Income Tax Appellate Tribunal, Chennai 'C' Bench, dated 21.12.2010 in ITA No.757/Mds/2009 assessment year 2005-06. For Appellant :

Mr.J.Narayanaswamy Senior Standing Counsel For Respondent :

Mr.R.Venkata Narayanan for M/s. Subbaraya Aiyar Padmanabhan DR. ANITA SUMANTH.,J.

https://www.mhc.tn.gov.in/judis 1/2

T.C.A.No.329 of 2011 and G. ARUL MURUGAN.,J.

JUDGMENT

(Delivered by Dr. ANITA SUMANTH.,J) Mr.J.Narayanaswamy, learned Senior Standing Counsel, appearing for the appellant/Department would submit that the Income-Tax Department does not wish to pursue this appeal relating to assessment year 2005 - 06 and seeks withdrawal of the same on account of the low tax effect per Circular bearing No.9 of 2024 dated 17.09.2024.

2. Recording the aforesaid submission, this tax case appeal is dismissed as withdrawn leaving the questions of law open to be decided in an appropriate matter. No costs.

[A.S.M., J] [G.A.M., J] 03.01.2025 Index:Yes/No Speaking Order sl T.C.A.No.329 of 2011 https://www.mhc.tn.gov.in/judis 2/2