The Commissioner Of Income v. M/S.. Shriram Properties

2026:MHC:314 T.C.A. No.372 of 2013

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 27.01.2026 CORAM :

THE HONOURABLE DR.JUSTICE ANITA SUMANTH and THE HONOURABLE MR.JUSTICE MUMMINENI SUDHEER KUMAR T.C.A. No.372 of 2013 The Commissioner of Income tax, Chennai.

.. Appellant vs M/s.Shriram Properties and Constructions (Chennai) Ltd Greams Dugar, 149, Greams Road, Chennai 600 006 .. Respondent Prayer: Appeal filed under Section 260A of the Income-Tax Act, 1961 against the order of the Income Tax Appellate Tribunal Madras 'C' Bench, Chennai dated 30.06.2011 in I.T.A.No.1044/Mds/2008 for the assessment year 2003-04.

For Appellant :

Mr.J.Narayanaswamy Senior Standing Counsel For Respondent :

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

T.C.A. No.372 of 2013 DR. ANITA SUMANTH,J.

and MUMMINENI SUDHEER KUMAR,J.

JUDGMENT

(Delivered by Dr. ANITA SUMANTH.,J) Mr.J.Narayanaswamy, 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 2003-04 and seeks withdrawal of the same on account of low tax effect, per Circular bearing No.9 of 2024 dated 17.09.2024.

2. Recording the aforesaid submissions, this tax case appeal is dismissed as withdrawn leaving the questions of law open to be decided in an appropriate matter. No costs.

[A.S.M, J.] [M.S.K, J.] 27.01.2026 Index:Yes/No Speaking order vs To The Income Tax Appellate Tribunal Madras 'C' Bench, Chennai.

T.C.A.No.372 of 2013 2/2 https://www.mhc.tn.gov.in/judis