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Madras High CourtTCA/567/2019dismissed as withdrawal

The Commissioner Of Income Tax v. M/S Regen Powertech P Ltd

2024-11-26Honourable Dr Justice Anita Sumanth,Honourable Mr.Justice G.Arul Murugan2 pages

2024:MHC:3969 T.C.A.No.567 of 2019

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 26.11.2024 CORAM :

THE HONOURABLE DR.JUSTICE ANITA SUMANTH and THE HONOURABLE MR.JUSTICE G. ARUL MURUGAN T.C.A.No.567 of 2019 The Commissioner of Income-Tax, Chennai .. Appellant vs M/s. Regen Powertech (P) Ltd., Samson Towers, 3rd, 4th and 5th Floors, 403L, Pantheon Road, Egmore, Chennai - 600 008.

PAN : AADCR5531M .. Respondent Prayer : Appeal filed under Section 260A of the Income Tax Act, 1961 against order of the Income Tax Appellate Tribunal, Madras 'D' Bench, Chennai dated 17.08.2016 in ITA No.766/Mds/2016. For Appellant :

Mrs.V.Pushpa Senior Standing Counsel For Respondent :

Not ready in notice https://www.mhc.tn.gov.in/judis 1/2

T.C.A.No.567 of 2019 DR. ANITA SUMANTH.,J.

and G. ARUL MURUGAN.,J.

JUDGMENT

(Delivered by Dr. ANITA SUMANTH.,J) Mrs.V.Pushpa, learned Senior Standing Counsel, appearing for the appellant/Department would submit that the Income-Tax Department does not wish to pursue this appeal qua assessment year 2011 - 12 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 Recording the aforesaid submission, this tax case appeal is dismissed as withdrawn leaving the question of law open to be decided in an appropriate matter. No costs.

[A.S.M., J] [G.A.M., J] 26.11.2024 Index:Yes/No ssm T.C.A.No.567 of 2019 https://www.mhc.tn.gov.in/judis 2/2