Commissioner Of Income Tax v. M/S Precot Meridian Ltd

T.C.(A).No. 400 of 2014

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 09.12.2025 CORAM :

THE HONOURABLE DR.JUSTICE ANITA SUMANTH and THE HONOURABLE MR.JUSTICE MUMMINENI SUDHEER KUMAR T.C.(A) No. 400 of 2014 and M.P.No. 1 of 2014 The Commissioner of Income Tax, Chennai.

.. Appellant vs M/s. Precot Meridian Ltd., Suprem, No.7161, Green Fields, Puliakulam, Coimbatore - 641 045.

.. Respondent Prayer : Appeal filed under Section 260A of the Income-Tax Act, 1961 against the order of the Income Tax Appellate Tribunal Madras 'A' Bench, dated 22.08.2013 in ITA No. 1564/Mds/2012. For Appellant :

Mr.V.Mahalingam Senior Standing Counsel For Respondent :

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

T.C.(A).No. 400 of 2014 DR. ANITA SUMANTH,J.

and MUMMINENI SUDHEER KUMAR,J.

JUDGMENT

(Delivered by Dr. ANITA SUMANTH.,J) Mr.V.Mahalingam, learned Senior Standing Counsel, appearing for the appellant / Department would submit that the Income-Tax Department does not wish to pursue this appeal qua assessment year 1997 - 1998 and seeks withdrawal of the same on account of low tax effect, per Circular bearing No.9 of 2024 dated 17.09.2024.

2. Recording the aforesaid submissions, this tax case appeal is dismissed as withdrawn leaving the questions of law open to be decided in an appropriate matter. No costs. Connected miscellaneous petition is closed.

[A.S.M, J.] [M.S.K, J.] 09.12.2025 Index:Yes/No ssm To The Income Tax Appellate Tribunal 'A' Bench, Madras. T.C.(A).No.

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