Commissioner Of Income Tax v. M/S. The Thanjavur Central Co Operative Bank Ltd.,

2024:MHC:3846 T.C.A.No.277 of 2024

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 14.11.2024 CORAM :

THE HONOURABLE DR.JUSTICE ANITA SUMANTH and THE HONOURABLE MR.JUSTICE G. ARUL MURUGAN T.C.A.No.277 of 2024 Commissioner of Income Tax Chennai.

.... Appellant vs M/s.The Thanjavur Central Co-operative Bank Ltd., No.10, West Main Street, Thanjavur - 613 009.

PAN:AAAAT-7828-C .... Respondent Prayer : Appeal filed under Section 260A of the Income Tax Act, 1961 against order of the Income Tax Appellate Tribunal, Chennai, B Bench, dated 09.10.2023 in ITA No. 767/CHNY/2020.

For Appellant :

Mr.S.Rajesh Junior Standing Counsel https://www.mhc.tn.gov.in/judis 1/2

T.C.A.No.277 of 2024 DR. ANITA SUMANTH.,J.

and G. ARUL MURUGAN.,J.

JUDGMENT

(Delivered by Dr. ANITA SUMANTH.,J) Mr.S.Rajesh, learned Junior Standing Counsel, appearing for the appellant/Department would submit that the Income-Tax Department does not wish to pursue this appeal qua assessment year 2015-16 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 Recording the aforesaid submission, this Tax Case (appeal) is dismissed as withdrawn leaving the question of law open to be decided in an appropriate matter.

[A.S.M., J] [G.A.M., J] 14.11.2024 Index:Yes/No Speaking order sl T.C.A.No.277 of 2024 https://www.mhc.tn.gov.in/judis 2/2