Commissioner Of Income Tax v. M/S.New India Maritime

2024:MHC:3938 T.C.A.No.920 of 2015

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 25.11.2024 CORAM :

THE HONOURABLE DR.JUSTICE ANITA SUMANTH and THE HONOURABLE MR.JUSTICE G. ARUL MURUGAN T.C.A.No.920 of 2015 Commissioner of Income-tax, Chennai .. Appellant vs M/s.New India Maritime Agencies (P) Ltd., 113, Armeinian Street, Chennai 600 001.

.. Respondent Prayer : Appeal filed under Section 260A of the Income Tax Act, 1961 against order of the Income Tax Appellate Tribunal Madras 'B' Bench, dated 07.05.2010 in ITA.No.1650/Mds/2009.

For Appellant :

Mrs.Anu Ganesan Junior Standing Counsel For Respondent :

Mr.A.S.Sriraman https://www.mhc.tn.gov.in/judis 1/2

T.C.A.No.920 of 2015 DR. ANITA SUMANTH.,J.

and G. ARUL MURUGAN.,J.

JUDGMENT

(Delivered by Dr. ANITA SUMANTH.,J) Mrs.Anu Ganesan, learned Junior Standing Counsel, appearing for the appellant/Department would submit that the Income-Tax Department does not wish to pursue this appeal qua assessment year 2006-2007 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 Recording the aforesaid submission, this tax case appeal is dismissed as withdrawn leaving the question of law open to be decided in an appropriate matter.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] 25.11.2024 Index:Yes/No Speaking order vs T.C.A.No.920 of 2015 https://www.mhc.tn.gov.in/judis 2/2