Commissioner Of Income Tax v. M/S Ramco Industries Ltd.,

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 22.09.2025

CORAM

THE HON'BLE MR.MANINDRA MOHAN SHRIVASTAVA, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE G.ARUL MURUGAN Commissioner of Income Tax Corporate Circle-2, Madurai.

.. Appellant -vsM/s.Ramco Industries Limited, No.47, PSK Nagar, Rajapalayam, PAN: AAACR5284J .. Respondent Prayer: Appeal filed under Section 260A of the Income Tax Act, 1961, against the order dated 26.10.2016 passed in ITA No.2163/MDS/2015 on the file of the Income Tax Appellate Tribunal, Madras "A" Bench, Chennai, for the Assessment Year 2008-09.

For Appellant :

Mr.V.Mahalingam Senior Standing Counsel and Mr.P.E.R.Mangala Suvigaran, Junior Standing Counsel * * * * *

JUDGMENT

(Delivered by the Hon'ble Chief Justice) Heard learned counsel for the appellant/Revenue.

2. At the outset, learned counsel for the Revenue fairly submits that it is a case having low tax effect. Therefore, in view of the Circular No.05/2024 dated 15.03.2024 and 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, the appellant/Revenue does not wish to proceed with the matter, though the question of law may be kept open for consideration in the appropriate matter.

In that view of the matter, the appeal stands dismissed. There shall be no order as to costs.

(MANINDRA MOHAN SHRIVASTAVA, CJ.) (G.ARUL MURUGAN, J.) 22.09.2025 Index : Yes/No : Yes/No sra

To

1. The Income Tax Appellate Tribunal, Madras 'A' Bench, Chennai.

2. The Commissioner of Income Tax, Corporate Circle-2, Madurai.

THE HON'BLE CHIEF JUSTICE AND G.ARUL MURUGAN , J.

(sra) 22.09.2025