Commissioner Of Income v. M/S Shriram Investments Ltd

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 19.06.2025

CORAM

THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE SUNDER MOHAN The Commissioner of Income Tax, Chennai.

: Appellant in both TCAs.

versus M/s.Shriram Investments Ltd., Mookambika Complex, No.4, Lady Desika Road, Mylapore, Chennai 600 004.

: Respondent in both TCAs.

Prayer: Appeals filed against the order of the Income Tax Appellate Tribunal, Madras "B" Bench, dated 20.01.2011 in ITA Nos.998/Mds/2010 and 1000/Mds/2010.

For Appellant :

Mr.J.Narayanasamy, Senior Standing counsel For Respondent :

Mr.R.Sivaraman

COMMON JUDGMENT (Delivered by the Hon'ble Chief Justice) Mr.Narayanasamy states that the monetary limit involved in these appeals is below the monetary limit prescribed in Circular F.No.390/Misc/30/2023-JC, dated 02.11.2023. Counsel says that he has instructions, therefore, to withdraw the appeals.

2. Counsel also states that the withdrawal is only due to the monetary limit and without conceding the stand of the Department.

3. The Appeals are dismissed as withdrawn. There shall be no order as to costs.

(K.R.SHRIRAM, CJ.) (SUNDER MOHAN, J.) 19.06.2025 Index : Yes/No : Yes/No tar

To 1.The Commissioner of Income Tax, Chennai.

2.The Income Tax Appellate Tribunal, Madras "B" Bench

THE HON'BLE CHIEF JUSTICE AND SUNDER MOHAN , J.

(tar) 19.06.2025