Commissioner Of Income Tax v. M/S Simpson And Co Ltd

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 12.06.2025 CORAM :

THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE SUNDER MOHAN Commissioner of Income Tax LTU-Chennai Appellant Vs M/s Simpson and Company Limited 861/862, Anna Salai Chennai Respondent Prayer: Appeal filed under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal "C" Bench, Chennai, dated 17.07.2012 in ITA No.11/Mds/2011.

For Appellant:

Mr.T.Ravikumar For Respondent:

Mr.R.Vijayaraghavan for M/s.Subbaraya Aiyar

JUDGMENT

(Delivered by the Hon'ble Chief Justice) Shri Ravikumar 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 Appeal stands dismissed as withdrawn.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.

(K.R.SHRIRAM, CJ.) (SUNDER MOHAN, J.) 12.06.2025 Index :

Yes/No :

Yes/No bbr

To:

1. The Assistant Registrar Income Tax Appellate Tribunal "C" Bench, Chennai.

2. The Commissioner of Income Tax Large Taxpayer Unit Chennai

3. The Deputy Commissioner of Income Tax Large Taxpayer Unit, Chennai

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

bbr 12.06.2025