The Commissioner Of Income Tax v. Hyundai Motor India Ltd.,

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 10.07.2025 CORAM :

THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE SUNDER MOHAN & C.M.P.Nos.21606, 21705 & 21750 of 2021 The Commissioner of Income Tax Appellant in Chennai.

..

all TCAs.

Vs.

M/s. Hyundai Motor India Ltd.

Plot No.H-1, SIPCOT Industrial Park Irungattukottai, Sriperumbudur Taluk Kancheepuram 602 117 Respondent in PAN: AAACH2364M ..

all TCAs.

Prayer : Appeals under Section 260A of the Income Tax Act, 1961 against the order dated 27.04.2017 passed in ITA Nos.739/Mds/2014, 761/Mds/2016 & 614/Mds/2015 on the file of the Income Tax Appellate Tribunal, Madras 'D' Bench, Chennai.

For Appellant Mrs.V.Pushpa For Respondent Mr.S.P.Chidambaram

JUDGMENT

(Judgment of the Court was delivered by the Hon'ble Chief Justice) Ms.Pushpa states that the monetary limit involved in these appeals are below the monetary limit prescribed in Circular Nos.612, 619 & 623 of 202105/2024 dated 15.03.2024 and Circular Nos.612, 619 & 623 of 202109/2024, dated 17.09.2024, issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, Government of India. Counsel says that she 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. Appeals stand dismissed as withdrawn. There shall be no order as to costs. Consequently, the interim applications are also dismissed. (K.R.SHRIRAM, CJ) (SUNDER MOHAN,J.) 10.07.2025 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) 10.07.2025