Commr. Of Income Tax, v. The Madras Cements Ltd.,

2024:MHC:4185 T.C.(Appeal) No.1101 of 2007

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 18.12.2024 CORAM :

THE HONOURABLE DR.JUSTICE ANITA SUMANTH and THE HONOURABLE MR.JUSTICE G. ARUL MURUGAN T.C.(Appeal) No. 1101 of 2007 Commissioner of Income Tax Madurai .. Appellant vs The Madras Cements Ltd., Rajapalayam .. Respondent Prayer: Appeal filed under Section 260A of the Income Tax Act, 1961 against order of the Income Tax Appellate Tribunal, Madras 'C' Bench, dated 26.12.2002 in ITA No.1960/M/97 for Assessment Year 1993-94. For Appellant ::

Mr.J.Narayanaswamy Senior Standing Counsel For Respondent ::

Mr.P.J.Rishikesh https://www.mhc.tn.gov.in/judis

T.C.(Appeal) No.1101 of 2007 DR. ANITA SUMANTH.,J.

and G. ARUL MURUGAN.,J.

JUDGMENT

(Delivered by Dr. ANITA SUMANTH.,J) Mr.J.Narayanaswamy, learned Senior Standing Counsel appearing for the appellant/Department would submit that the Income-Tax Department does not wish to pursue the appeal relating to assessment year 1993-94 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 Recording the aforesaid submission, the tax case appeal is dismissed as withdrawn leaving the questions of law open to be decided in an appropriate matter. No costs.

[A.S.M., J] [G.A.M., J] 18.12.2024 sl Index:Yes/No Speaking order T.C.(A) No.1101 of 2007 https://www.mhc.tn.gov.in/judis