TCA No.331 of 2020 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.331 of 2020 The Commissioner of Income Tax Chennai. .. Appellant Vs. M/s. Atlas Metal Processors P Ltd. 29/69, Eldams Road Teynampet Chennai 600 018 PAN: AAACA7401Q .. Respondent Prayer : Appeal filed under Section 260A of the Income Tax Act, 1961 against the order dated 23.12.2019 passed in ITA No.1995/CHNY/2018 on the file of Income Tax Appellate Tribunal 'B-SMC' Bench, Chennai. For Appellant : Mr.T.Ravikumar Senior Standing Counsel ____________ https://www.mhc.tn.gov.in/judis TCA No.331 of 2020 JUDGMENT (Judgment of the Court was delivered by the Hon'ble Chief Justice) Heard learned counsel for the appellant/Revenue. 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.331 of 2020 To 1. The Assistant Registrar Income Tax Appellate Tribunal “B-SMC” Bench, Chennai. 2. The Commissioner of Income Tax, Chennai. ____________ https://www.mhc.tn.gov.in/judis TCA No.331 of 2020 THE HON'BLE CHIEF JUSTICE AND G.ARUL MURUGAN,J. (kpl) TCA No.331 of 2020 16.09.2025 ____________ https://www.mhc.tn.gov.in/judis