The Commissioner Of Income Tax v. M/S Shriram Chits Tamilnadu

T.C.A.No.184 of 2013

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 04.11.2024 CORAM :

THE HONOURABLE DR.JUSTICE ANITA SUMANTH and THE HONOURABLE MR.JUSTICE G. ARUL MURUGAN T.C.A.No.184 of 2011 The Commissioner of Income Tax Chennai.

.. Appellant vs M/s.Shriram Chits Tamilnadu Pvt. Ltd., Greams Dugar, 4th & 5th Floor, 149, Greams Road, Chennai - 600 006.

.. Respondent Prayer in TCA No.184 of 2013: Appeal filed under Section 260A of the Income Tax Act, 1961 against order of the Income Tax Appellate Tribunal, Madras 'A' Bench, Chennai dated 24.06.2011 passed in I.T.A. 727/Mds/2010.

For Appellant :

Mr.J.Narayanaswamy Senior Standing Counsel For Respondent :

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

T.C.A.No.184 of 2013 DR. ANITA SUMANTH.,J.

and G. ARUL MURUGAN.,J.

JUDGMENT

(Delivered by Dr. ANITA SUMANTH.,J) Mr.J.Narayanasamy, 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 2001-2002 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 Recording the aforesaid submission, this tax case appeal is dismissed as withdrawn leaving the question of law open to be decided in an appropriate matter.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] 04.11.2024 Index:Yes/No vs T.C.A.No.184 of 2013 https://www.mhc.tn.gov.in/judis 2/2