COMMISSIONER OF INCOME TAX v. M/S. NKCM SPINNERS PVT LTD
TCA/1123/2015 · 2025-07-01
Sunder Mohan
Transfer Petitionbody2025
DailyLaw.ai
[ 2025 DAILYLAW 33497 (MAD) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 33497 (MAD) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
TCA No.1123 of 2015 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 01.07.2025
CORAM :
THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE SUNDER MOHAN TCA No.1123 of 2015 The Commissioner of Income Tax, No.63, Race Course Road, Coimbatore. Appellant Vs NKCM Spinners Pvt. Ltd, No.18, Alagiri Singh Street, Fort, Erode-638 001. Respondent Prayer: Appeal filed under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal “C” Bench, Chennai, dated 19.12.2014 in ITA No.1259/Mds/2013. For Appellant: Mr.Karthik Ranganathan Senior Standing Counsel For Respondent: No appearance __________ https://www.mhc.tn.gov.in/judis
TCA No.1123 of 2015
JUDGMENT (Delivered by the Hon'ble Chief Justice) Mr.Karthik Ranganathan states that the monetary limit involved in this appeal is below the monetary limit prescribed in 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 appeal.
2. Counsel also states that the withdrawal is only due to the monetary limit and without conceding the stand of the Department. Appeal stands dismissed as withdrawn. There shall be no order as to costs.
(K.R.SHRIRAM, CJ.) (SUNDER MOHAN, J.)
01.07.2025 Index : Yes/No Neutral Citation : Yes/No sasi __________ https://www.mhc.tn.gov.in/judis
TCA No.1123 of 2015 To:
1. The Assistant Registrar Income Tax Appellate Tribunal Chennai Benches, Chennai.
2. The Commissioner of Income Tax (Appeals)-1, Coimbatore.
3. The Assistant Commissioner of Income-Tax Circle-1 Erode. __________ https://www.mhc.tn.gov.in/judis
TCA No.1123 of 2015 THE HON'BLE CHIEF JUSTICE AND SUNDER MOHAN,J. (sasi)
TCA No.1123 of 2015
01.07.2025 __________ https://www.mhc.tn.gov.in/judis