M/S Nexus Electro Steel Ltd v. The Asst Commissioner Of

T.C.A.No.199 of 2015

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 27.08.2024

CORAM

THE HON'BLE MR.JUSTICE R.SURESH KUMAR AND THE HON'BLE MR.JUSTICE C.SARAVANAN Tax Case Appeal No.199 of 2015 M/s.Nexus Electro Steel Ltd., 202, Shivalaya Block C, 16, Ethiraj Salai Chennai 600 008.

PAN : AABCN4224H ...

Appellant Vs.

The Assistant Commissioner of Income Tax Company Circle IV (4), 121, Mahatma Gandhi Road, Nungambakkam, Chennai 600 034.

...

Respondent ----- Tax Case Appeal filed under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal 'A' Bench, Chennai in I.T.A.No.1420/Mds/2013.

For Appellant : Mr.R.Sivaraman For Respondent : Mr.Karthick Ranganathan Senior Standing Counsel ----

J U D G M E N T

(Delivered by R. SURESH KUMAR, J.) It is brought to our notice by Mr.R.Sivaraman, learned counsel for the appellant that, the appellant company has already been under liquidation and Official Liquidator has been appointed by order dated 09.09.2022 by the https://www.mhc.tn.gov.in/judis

T.C.A.No.199 of 2015 R.SURESH KUMAR, J.

AND C.SARAVANAN, J.

KST National Company Law Tribunal, Special Bench-II, Chennai in I.A. (IBC) /773 (CHE) /2022 in CPI (IB)/377/CHE/2020.

2. In view of the aforesaid development, where the assessee company has already been under liquidation, this appeal cannot be proceeded further. The appeal is therefore dismissed with liberty to the assessee to work out its remedy in future in accordance with law. No costs. (R.S.K.,J.) (C.S.N.,J.) 27.08.2024 NCS : Yes/No Index : Yes/No KST To The Income Tax Appellate Tribunal 'A' Bench, Chennai.

T.C.A.No.199 of 2015 https://www.mhc.tn.gov.in/judis