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2025 DAILYLAW 31107 (MAD)

THE COMMISSIONER OF INCOME TAX v. M/S.ASIAN PEROXIDES LTD

TCA/332/2020 · 2025-06-10

Sunder Mohan

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

TCA Nos.332, 333 of 2020 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 Nos.332, 333 of 2020 The Commissioner of Income Tax, Chennai : Appellant versus M/s.Asian Peroxides Ltd., 69, 3rd Floor, Leelavathi Buildings, Armenian Street, Chenai 600 001 PAN AAACA6213G : Respondent Prayer: Appeal filed against the order of the Income Tax Appellate Tribunal Madras “C” Bench Chennai dated 22.10.2018 in ITA.No.451/Chny/2018 and ITA.No.452/Chny/2018. For Appellant : Mr.Ravi Kumar T. For Respondent : Mr.R.Vijayaraghavan, for M/s.Subbaraya Aiyar Padmanabhan https://www.mhc.tn.gov.in/judis TCA Nos.332, 333 of 2020 JUDGMENT (Judgment of the Court was delivered by the Hon'ble Chief Justice) Mr.Ravi Kumar states that the monetary limit involved in these appeals is below the monetary limit prescribed in Circular F.No.390/Misc/30/2023-JC, dated 02.11.2023. 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. The Appeals are dismissed as withdrawn. There shall be no order as to costs. (K.R.SHRIRAM, CJ.) (SUNDER MOHAN, J.) 10.06.2025 Index : Yes/No Neutral Citation : Yes/No tar https://www.mhc.tn.gov.in/judis TCA Nos.332, 333 of 2020 https://www.mhc.tn.gov.in/judis TCA Nos.332, 333 of 2020 To 1.The Commissioner of Income Tax, Chennai 2.The Income Tax Appellate Tribunal Madras “C” Bench Chennai https://www.mhc.tn.gov.in/judis TCA Nos.332, 333 of 2020 THE HON'BLE CHIEF JUSTICE and SUNDER MOHAN, J. (tar) TCA Nos.332, 333 of 2020 10.06.2025 https://www.mhc.tn.gov.in/judis