The Commissioner Of Income Tax v. M/S.Biomed Hitech Industiresld

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 03.06.2025

CORAM

THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE SUNDER MOHAN Tax Case (Appeal) No.100 of 2016 The Commissioner of Income Tax, Chennai : Appellant versus M/s.Biomed Hitech Industries learned No.474, Old Mahabalipuram Road, Sholinganallur, Chennai 600 119 : Respondent Prayer: Appeal against the order of the Income Tax Appellate Tribunal, Madras "D" Bench, Chennai, dated 22.11.2012 in I.T.A.2001/Mds/2011. For Appellant :

Mr.T.Ravikumar For Respondent :

Mr.I.Dinesh

JUDGMENT

(Judgment of the Court was made by the Hon'ble Chief Justice) Mr.Ravikumar 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.

3. Appeal stands dismissed as withdrawn. There shall be no order as to costs.

(K.R.SHRIRAM, CJ.) (SUNDER MOHAN, J.) 03.06.2025 Index : Yes/No : Yes/No tar

To 1.The Commissioner of Income Tax, Chennai 2.The Income Tax Appellate Tribunal, Madras "D" Bench, Chennai

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

(tar) 03.06.2025