Commissioner Of Income Tax v. M/S. Ucal Fuel Systems Ltd

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 17.07.2025 CORAM :

THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE SUNDER MOHAN Commissioner of Income Tax Company Circle - 3(2) Appellant in Chennai.

..

all TCAs.

Vs.

M/s. Ucal Fuel Systems Limited Raheja Towers, 7th Floor, Unit 705 No.177, Anna Salai Chennai 600 002.

Respondent in PAN: AAACU0541K ..

all TCAs.

Prayer : Appeals under Section 260A of the Income Tax Act, 1961 against the order dated 21.10.2016 in ITA Nos.688/MDS/2014, 723/MDS/2015 & 725/MDS/2015 on the file of Income Tax Appellate Tribunal 'D' Bench, Chennai.

For Appellant :

Mr.J.Narayanasamy Senior Standing Counsel For Respondent :

Mr.A.S.Sriraman

JUDGMENT

(Judgment of the Court was delivered by the Hon'ble Chief Justice) Mr.Narayanasamy states that the monetary limit involved in these appeals is below the monetary limit prescribed in Circular No.05/2024 dated 15.03.2024 and Circular No.09/2024, dated 17.09.2024, issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, Government of India. Counsel says that he has instructions, therefore, to withdraw the appeals.

2. Counsel also states that the withdrawal is only due to the monetary limit and without conceding the stand of the Department.

3. Appeals stand dismissed as withdrawn. There shall be no order as to costs.

(K.R.SHRIRAM, CJ) (SUNDER MOHAN,J.) 17.07.2025 Index :

Yes/No :

Yes/No kpl

To

1. The Assistant Registrar Income Tax Appellate Tribunal Chennai Benches, Chennai.

2. The Commissioner of Income Tax (Appeals) Chennai.

THE HON'BLE CHIEF JUSTICE AND SUNDER MOHAN ,J.

(kpl) 17.07.2025