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2025 DAILYLAW 54522 (MAD)

THE COMMISSIONER OF INCOME TAX v. M/S. INDIAN ADDITIVES LTD

TCA/74/2016 · 2025-06-12

Sunder Mohan

Transfer Petitionbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

TCA No.74 of 2016 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 12.06.2025 CORAM : THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE SUNDER MOHAN TCA No.74 of 2016 The Commissioner of Income Tax Chennai Appellant Vs M/s.Indian Additives Ltd Express Highway, Manali Chennai-600 068 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 06.01.2014 in ITA No.1483/Mds/2013. For Appellant: Mr.T.Ravikumar For Respondent: Mr.I.Dinesh __________ https://www.mhc.tn.gov.in/judis TCA No.74 of 2016 JUDGMENT (Delivered by the Hon'ble Chief Justice) Shri Ravikumar 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 Appeal stands dismissed as withdrawn.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.) 12.06.2025 Index : Yes/No Neutral Citation : Yes/No bbr __________ https://www.mhc.tn.gov.in/judis TCA No.74 of 2016 To: 1. The Assistant Registrar Income Tax Appellate Tribunal “C” Bench, Chennai. 2. The Commissioner of Income Tax (Appeal) III Chennai 3. The Addl. Commissioner of Income Tax Company Circle II(3), Chennai-34. __________ https://www.mhc.tn.gov.in/judis TCA No.74 of 2016 THE HON'BLE CHIEF JUSTICE AND SUNDER MOHAN,J. bbr TCA No.74 of 2016 12.06.2025 __________ https://www.mhc.tn.gov.in/judis