Commissioner Of Income Tax v. M/S Lakshmi Precision Toolos

2024:MHC:3947 T.C.A.No.210 of 2014

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 22.11.2024 CORAM :

THE HONOURABLE DR.JUSTICE ANITA SUMANTH and THE HONOURABLE MR.JUSTICE G. ARUL MURUGAN T.C.A.No.210 of 2014 The Commissioner of Income-Tax, Coimbatore.

.. Appellant vs M/s. Lakshmi Precision Tooolos Ltd., 34A, Kamaraj Road, Coimbatore - 18.

.. 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 07.10.2013 in ITA No.879/Mds/2013.

For Appellant :

Mr.Karthik Ranganathan Senior Standing Counsel For Respondent :

Mr.R.Vijayaraghavan for M/s. Subbaraya Aiyar Padmanabhan & Ramamani https://www.mhc.tn.gov.in/judis 1/2

T.C.A.No.210 of 2014 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 2004 - 05 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 Recording the aforesaid submission, this tax case appeal is dismissed as withdrawn leaving the question of law open to be decided in an appropriate matter. No costs.

[A.S.M., J] [G.A.M., J] 22.11.2024 Index:Yes/No ssm T.C.A.No.210 of 2014 https://www.mhc.tn.gov.in/judis 2/2