The Commissioner Of Income Tax v. M/S Ambur Economic Development

2024:MHC:3725 T.C.A. No. 47 of 2014

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 29.10.2024 CORAM :

THE HONOURABLE DR.JUSTICE ANITA SUMANTH and THE HONOURABLE MR.JUSTICE G. ARUL MURUGAN T.C.A.No. 47 of 2014 The Commissioner of Income Tax, Chennai.

.. Appellant vs M/s.Ambur Economic Development Organisation, No.43, Raja Muthiah Road, Periamet, Chennai 600 003.

.. Respondent Prayer in T.C.A.No. 47 of 2014 : Appeal filed under Section 260A of the Income Tax Act, 1961 against order of the Income Tax Appellate Tribunal, Madras B Bench, dated 08.08.2013 in ITA No. 1301/Mds/2013. For Appellant ::

Ms.V. Pushpa Senior Standing Counsel For Respondent ::

Mr.G. Ashokapathy for M/s. Pass Associates DR. ANITA SUMANTH.,J.

https://www.mhc.tn.gov.in/judis

T.C.A. No. 47 of 2014 and G. ARUL MURUGAN.,J.

JUDGMENT

(Delivered by Dr. ANITA SUMANTH.,J) This matter has been listed under the caption 'For Being Mentioned'. 2.

Judgment dated 15.10.2024 is recalled and separate orders in each appeal are passed as specifically sought. 3.

Ms.V. Pushpa, 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 2006-2007 and seeks withdrawal of the same on account of the low tax effect per Circular bearing No.5/2024 dated 15.03.2024.

4. Recording the aforesaid submission, the tax case appeal is dismissed as withdrawn leaving the question of law open to be decided in an appropriate matter.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] 29.10.2024 sl Index:Yes/No speaking order T.C.A.No. 47 of 2014 https://www.mhc.tn.gov.in/judis