Principal Commissioner v. Emerald Jewe Industry India

2024:MHC:3973 T.C.(A)No.658 of 2018

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 26.11.2024 CORAM :

THE HONOURABLE DR.JUSTICE ANITA SUMANTH and THE HONOURABLE MR.JUSTICE G. ARUL MURUGAN T.C.(A)No.658 of 2018 Principal Commissioner of Income Tax - 1, No.63, Race Course Road, Coimbatore - 641 018.

.... Appellant vs M/s.Emerald Jewel Industry India Ltd, 230, T.V. Samy Road [East], R.S. Puram, Coimbatore - 641 002.

PAN: AAB CE 3430 A .... Respondent Prayer : Appeal filed under Section 260A of the Income Tax Act, 1961 against order dated 07.10.2016 made in I.T.A.No.1811/Mds/2015 on the file of the Income Tax Appellate Tribunal 'B' Bench in respect of assessment year 2011-12.

For Appellant :

Mr.Karthik Ranganathan Senior Standing Counsel For Respondent :

Mr.A.S.Sriraman https://www.mhc.tn.gov.in/judis 1/2

T.C.(A)No.658 of 2018 Dr.ANITA SUMANTH,J.

AND G.ARUL MURUGAN,J.

JUDGMENT

(Delivered by Dr. ANITA SUMANTH.,J) Mr.Karthik Ranganathan, learned Senior Standing Counsel, appearing for the appellant/Department would submit that the IncomeTax Department does not wish to pursue this appeal qua assessment year 2011-12 and seeks withdrawal of the same on account of the low tax effect per Circular bearing No.9 of 2024 dated 17.09.2024.

2. Recording the aforesaid submission, this tax case appeal is dismissed as withdrawn leaving the questions of law open to be decided in an appropriate matter.

[A.S.M., J] [G.A.M., J] sl 26.11.2024 Index:Yes/No Speaking order T.C.(A)No.658 of 2018 https://www.mhc.tn.gov.in/judis 2/2