Principal Commisssioner Of Income Tax 3 v. Sanmar Engineering Services Limited

2024:MHC:4064 T.C.(Appeal) No.304 of 2024

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 05.12.2024 CORAM :

THE HONOURABLE DR.JUSTICE ANITA SUMANTH and THE HONOURABLE MR.JUSTICE G. ARUL MURUGAN T.C.(Appeal) No. 304 of 2024 Principal Commissioner of Income Tax - 3 121, Mahatma Gandhi High Road Chennai - 600 034.

.. Appellant vs M/s.Sanmar Engineering Services Limited 9, Cathedral Road, Chennai - 600 086 PAN:AAACS8765K .. Respondent Prayer: Appeal filed under Section 260A of the Income Tax Act, 1961 against order of the Income Tax Appellate Tribunal, Madras 'A' Bench, dated 22.12.2023 in ITA No.568/Chny/2023 for Assessment Year 2018-19. For Appellant ::

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

Mr.R.Venkatanarayanan for M/s.Subbaraya Aiyar Padmanabhan https://www.mhc.tn.gov.in/judis

T.C.(Appeal) No.304 of 2024 DR. ANITA SUMANTH.,J.

and G. ARUL MURUGAN.,J.

JUDGMENT

(Delivered by Dr. ANITA SUMANTH.,J) Mr.J.Narayanasamy, 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 2018-19 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 Recording the aforesaid submission, the tax case appeal is dismissed as withdrawn leaving the questions of law open to be decided in an appropriate matter.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] 05.12.2024 sl Index:Yes/No Speaking order T.C.(A) No.304 of 2024 https://www.mhc.tn.gov.in/judis