Commercial Of Income Tax v. S.A.A.Isphani Trust

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 08.07.2025 CORAM :

THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE SUNDER MOHAN and M.P.No.1 of 2012 The Commissioner of Income Tax, Chennai.

Appellant Vs S.A.A. Ispahani Trust, No.15, Nungambakkam High Road, Chennai-600 034.

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 29.02.2012 in ITA No.2125/Mds/2007.

For Appellant Mrs.V.Pushpa Sr. Standing Counsel For Respondent Mr.J.Saravanan

JUDGMENT

(Delivered by the Hon'ble Chief Justice) Both counsels jointly request that the impugned order be quashed and set aside and the matter be remanded to the Tribunal for de novo consideration.

2. Ordered accordingly. All rights and contentions are kept open.

3. Since the matter pertains to assessment year 2003-04, the Tribunal is requested to dispose of the appeal expeditiously and, in any case, by 31.12.2025.

Appeal is disposed of accordingly. There shall be no order as to costs. Consequently, interim application stands closed. (K.R.SHRIRAM, CJ.) (SUNDER MOHAN, J.) 08.07.2025 Index :

Yes/No

:

Yes/No bbr To:

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

2. The Commissioner of Income Tax, Chennai.

3. The Assistant Director of Income Tax, (Exemptions)-IV, Chennai.

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

bbr 08.07.2025