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2025 DAILYLAW 78638 (MAD)

The Pr. Commissioner of Income Tax - 4 v. M/S.GLOBAL TRADING COMPANY

TCA/287/2022 · 2025-07-03

Sunder Mohan

Civil Appealbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

T.C.A.No.287 of 2022 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 03.07.2025 CORAM : THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE SUNDER MOHAN T.C.A.No.287 of 2022 The Principal Commissioner of Income Tax-4 Chennai. .. Appellant Vs. M/s. Global Trading Company New No.448, Old No.599 B Block, 2nd Floor No.3, Gemini Parsn Apartment Cathedral Garden Road, Anna Salai Chennai 600 006. PAN: AAAFG0447P .. Respondent Prayer : Appeal filed under Section 260A of the Income Tax Act, 1961 against the order dated 20.05.2022 passed in ITA No.112/CHNY/2022 on the file of the Income Tax Appellate Tribunal, Madras 'A' Bench, Chennai. For Appellant : Ms.V.Pushpa For Respondent : No appearance __________ https://www.mhc.tn.gov.in/judis T.C.A.No.287 of 2022 JUDGMENT (Judgment of the Court was delivered by the Hon'ble Chief Justice) Ms.Pushpa states that the monetary limit involved in this appeal is below the monetary limit prescribed in 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. Counsel says that she 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. 3. Appeal stands dismissed as withdrawn. There shall be no order as to costs. (K.R.SHRIRAM, CJ) (SUNDER MOHAN,J.) 03.07.2025 Index : Yes/No Neutral Citation : Yes/No kpl __________ https://www.mhc.tn.gov.in/judis T.C.A.No.287 of 2022 To 1. The Assistant Registrar Income Tax Appellate Tribunal Chennai Benches, Chennai. 2. The Commissioner of Income Tax (Appeals) National Faceless Appeal Centre (NFAC) Delhi. __________ https://www.mhc.tn.gov.in/judis T.C.A.No.287 of 2022 THE HON'BLE CHIEF JUSTICE AND SUNDER MOHAN ,J. (kpl) T.C.A.No.287 of 2022 03.07.2025 __________ https://www.mhc.tn.gov.in/judis