Commissioner Of Income Tax Ii v. M/S.Gwl Properties Ltd

2024:MHC:4026 T.C.A.No.1033 of 2015

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 02.12.2024 CORAM :

THE HONOURABLE DR.JUSTICE ANITA SUMANTH and THE HONOURABLE MR.JUSTICE G. ARUL MURUGAN T.C.A.No.1033 of 2015 The Commissioner of Income-Tax III, No.121, Mahatma Gandhi Road, Chennai .. Appellant vs M/s. GWL Properties Ltd., (Formerly known as Gordon Woodrafee Ltd.,) 36, Rajaji Salai, Chennai - 600 001.

PAN : AAA CM 2338 A .. Respondent Prayer : Appeal filed under Section 260A of the Income Tax Act, 1961 against order of the Income Tax Appellate Tribunal, Madras 'A' Bench, dated 15.05.2015 in ITA No.79/Mds/2015.

For Appellant :

Mr.T.Ravikumar Senior Standing Counsel For Respondent :

Mr.N.V.Balaji https://www.mhc.tn.gov.in/judis 1/2

T.C.A.No.1033 of 2015 DR. ANITA SUMANTH.,J.

and G. ARUL MURUGAN.,J.

JUDGMENT

(Delivered by Dr. ANITA SUMANTH.,J) Mr.T.Ravikumar, learned Senior Standing Counsel, appearing for the appellant/Department would submit that the Income-Tax Department does not wish to pursue this appeal qua 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 Recording the aforesaid submission, this tax case appeal is dismissed as withdrawn leaving the question of law open to be decided in an appropriate matter. No costs.

[A.S.M., J] [G.A.M., J] 02.12.2024 Index:Yes/No ssm T.C.A.No.1033 of 2015 https://www.mhc.tn.gov.in/judis 2/2