Commissioner Of Income v. The Karur Vysya Bank Ltd

2025:MHC:2064 T.C.A.No.631 of 2013

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 21.08.2025 CORAM :

THE HONOURABLE DR.JUSTICE ANITA SUMANTH and THE HONOURABLE MR.JUSTICE N.SENTHILKUMAR T.C.A.No.631 of 2013 Commissioner Of Income Tax Trichy.

.. Appellant vs The Karur Vysya Bank Ltd., Erode Road, Karur - 639 002.

.. Respondent Prayer: Appeal filed under Section 260A of the Income Tax Act, 1961 against order of the Income Tax Appellate Tribunal, Madras, 'A' Bench, dated 17.01.2013 in ITA No.1070/Mds/2011.

For Appellant :

Mr.V.Mahalingam, Senior Standing Counsel For Respondent :

Mr.R.Venkatanarayanan for M/s.Subbaraya Aiyar Padmanabhan 1/2 https://www.mhc.tn.gov.in/judis

T.C.A.No.631 of 2013 DR. ANITA SUMANTH.,J.

and N.SENTHILKUMAR,J.

JUDGMENT

(Delivered by Dr. ANITA SUMANTH.,J) Mr.V.Mahalingam, 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 period 2004-05 and seek 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 Recording the aforesaid submission, this tax case appeal is dismissed as withdrawn leaving the question of law open to be decided in an appropriate matter.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] [N.S.,J.] 21.08.2025 Index:Yes/No Speaking order sl T.C.A.No.631 of 2013 2/2 https://www.mhc.tn.gov.in/judis