Commissioner Of Income Tax Ii v. M/S. Kh Leather Industries

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 04.06.2025 CORAM :

THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE SUNDER MOHAN TCA No. 293 of 2016 Commissioner Of Income Tax II 121, Nungambakkam High Road, Chennai - 600 034.

Appellant(s) Vs KH Leather Industries Pvt Ltd 266 (Old No. 829/1), Periyar EVR High Road, Kilpauk, Chennai - 600 010.

Respondent(s) Prayer: Appeal filed under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal "B" Bench, Chennai, dated 19.8.2015 in ITA No.1127/Mds/2015.

For Appellant(s):

Mr.R.Karthik, Sr.Standing Counsel For Respondent(s): Mr.A.S.Sriraman

JUDGMENT

(Delivered by the Hon'ble Chief Justice) Mr.Karthik 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 Appeal stands dismissed as withdrawn.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.) 04.06.2025 Index :

Yes/No :

Yes/No sasi

To:

1. The Assistant Registrar Income Tax Appellate Tribunal Chennai Benches, Chennai.

2. The Commissioner of Income Tax (Appeals)-8 121, Mahatma Gandhi Road, Chennai - 600 034.

3. The Deputy Commissioner of Income Tax Company Circle II (4) 121, Mahatma Gandhi Road, Aayakar Bhavan, New Block, VI Floor Chennai - 600 034.

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

(sasi) 04.06.2025