Commissioner Of Income Tax v. Schawk India Pvt.Ltd

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 17.06.2025 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 Vs Schawk India Pvt. Ltd 143 RMZ Millinia Business Park, Dr.MGR Road, Kandanchavadi, Chennai-600096 Respondent Prayer: Appeal filed under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal "A" Bench, Chennai, dated 29.11.2019 in ITA No.103/Chny/2018.

For Appellant:

Mr.J.Narayanaswamy For Respondent:

Mr.R.Venkata Narayanan for M/s.Subbaraya Aiyar Padmanabhan

JUDGMENT

(Delivered by the Hon'ble Chief Justice) Mr.Narayanaswamy states that the monetary limit involved in this appeal is below the monetary limit prescribed in Circular No.09/2024, dated 17.09.2024, issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, Government of India. Counsel says that he has instructions, therefore, to withdraw the appeal.

2. Counsel also states that the withdrawal is only due to the monetary limit and without conceding the stand of the Department. Appeal stands dismissed as withdrawn. There shall be no order as to costs.

(K.R.SHRIRAM, CJ.) (SUNDER MOHAN, J.) 17.06.2025 Index :

Yes/No :

Yes/No sasi

To:

1. The Assistant Registrar Income Tax Appellate Tribunal Chennai.

2. The Commissioner of Income Tax (Appeals)-15 121, Mahatma Gandhi Road, Chennai - 600 034.

3. The Deputy Commissioner of Income-Tax Corporate Circle 6(1), Chennai - 600 034.

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

(sasi) 17.06.2025