The Commissioner Of Income Tax v. M/S Akshaya Pvt Ltd

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 10.06.2025

CORAM

THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE SUNDER MOHAN TCA No. 331 of 2021 The Commissioner of Income Tax, Chennai : Appellant versus M/s.Akshaya Pvt Ltd., G Square, 46 Rajiv Gandhi Salai, Kandanchavadi, Chennai 600 096 PAN AAFCA1708D : Respondent Prayer: Appeal filed against the order of the Income Tax Appellate Tribunal Madras "B" Bench Chennai dated 24.08.2016 in ITA.No.2114/Mds/2015. For Appellant :

Mr.Ravi Kumar T.

For Respondent :

Mr.A.S.Sriraman

JUDGMENT

(Judgment of the Court was delivered by the Hon'ble Chief Justice) Mr.Ravi Kumar states that the monetary limit involved in this appeal is below the monetary limit prescribed in Circular F.No.390/Misc/30/2023JC, dated 02.11.2023. Counsel says that he has instructions, therefore, to withdraw the appeal.

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

3. The Appeal is dismissed as withdrawn. There shall be no order as to costs.

(K.R.SHRIRAM, CJ.) (SUNDER MOHAN, J.) 10.06.2025 Index : Yes/No : Yes/No

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To 1.The Commissioner of Income Tax, Chennai 2.The Income Tax Appellate Tribunal Madras "B" Bench Chennai

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

(tar) 10.06.2025