TCA No.196 of 2022 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 16.09.2025 CORAM : THE HONOURABLE MR. MANINDRA MOHAN SHRIVASTAVA, CHIEF JUSTICE AND THE HONOURABLE MR.JUSTICE G.ARUL MURUGAN TCA No.196 of 2022 The Commissioner of Income Tax Chennai. .. Appellant Vs. M/s. Arun Excello Urban Infrastructure Pvt Ltd Bhattad Towers 18, West Cott Road Royapettah, Chennai 600 010 PAN: AAGCA2312Q .. Respondent Prayer : Appeal filed under Section 260A of the Income Tax Act, 1961 against the order dated 30.11.2021 passed in ITA No.731/CHNY/2020 on the file of Income Tax Appellate Tribunal 'D' Bench, Chennai. For Appellant : Mr.T.Ravikumar Senior Standing Counsel For Respondent : M/s. Vandhana Vyas JUDGMENT ____________ https://www.mhc.tn.gov.in/judis TCA No.196 of 2022 (Judgment of the Court was delivered by the Hon'ble Chief Justice) Heard learned counsel for the appellant/Revenue and learned counsel for the respondent. 2. At the outset, learned counsel for the Revenue fairly submits that it is a case having low tax effect. Therefore, in view of the Circular No.05/2024 dated 15.03.2024 and 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, the appellant/Revenue does not wish to proceed with the matter, though the questions of law may be kept open for consideration in the appropriate matter. 3. In that view of the matter, the appeal stands dismissed. There shall be no order as to costs. (MANINDRA MOHAN SHRIVASTAVA, CJ) (G.ARUL MURUGAN,J) 16.09.2025 kpl ____________ https://www.mhc.tn.gov.in/judis TCA No.196 of 2022 To 1. The Assistant Registrar Income Tax Appellate Tribunal 'D' Bench, Chennai. 2. The Commissioner of Income Tax, Chennai. ____________ https://www.mhc.tn.gov.in/judis TCA No.196 of 2022 THE HON'BLE CHIEF JUSTICE AND G.ARUL MURUGAN,J. (kpl) TCA No.196 of 2022 16.09.2025 ____________ https://www.mhc.tn.gov.in/judis