Commissioner Of Income Tax Ii v. M/S G.M. Pens International

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.208 of 2016 The Commissioner of Income Tax, No.121, Nungambakkam High Road, Chennai 600 034 : Appellant versus M/s.G.M.Pens International Pvt. Ltd., 2, Janakpuri, Velachery Bypass Road, Chennai 600 042 : Respondent Prayer: Appeal against the order of the Income Tax Appellate Tribunal, Madras "C" Bench, Chennai, dated 29.07.2015 in ITA No.2123/Mds/2014. For Appellant :

Mr.T.Ravikumar For Respondent :

No appearance

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 Appeal stands dismissed as withdrawn.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, No.121, Nungambakkam High Road, Chennai 600 034 2.The Income Tax Appellate Tribunal, Madras "C" Bench, Chennai

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

(tar) 03.06.2025