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2025 DAILYLAW 94318 (MAD)

M/S.AVALON TECHNOLOGIES LIMITED v. DEPUTY COMMISSIONER OF INCOME TAX

TCA/553/2023 · 2025-02-25

C Saravanan, S S Sundar

Civil Appealbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

T.C.A. No.553 of 2023 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 25.02.2025 CORAM THE HONOURABLE MR.JUSTICE S.S.SUNDAR and THE NONOURABLE MR.JUSTICE C.SARAVANAN T.C.A. No.553 of 2023 M/s.Avalon Technologies Ltd. TPI Block, B-7 & B-8 1st Main Road MEPZ-SEZ, Tambaram Chennai - 600 045 .. Appellant Vs. Deputy Commissioner of Income Tax Corporate Circle - 1(1) Chennai - 34 .. Respondent * * * Prayer : Tax Case Appeal filed under Section 260A of the Income Tax Act, 1961, against the order of the Income Tax Appellate Tribunal, Chennai Bench 'B' Bench in ITA No.3/Chny/2021 dated 31.07.2023 received by the appellant on 12.08.2023. * * * For Appellant : Mr.Guruprasad M.R. for PASS Associates For Respondent : Mr.T.Ravikumar ________ Page 1/3 https://www.mhc.tn.gov.in/judis T.C.A. No.553 of 2023 JUDGMENT (delivered by S.S.SUNDAR, J.) It is stated by the learned counsel appearing for the appellant that the appellant has availed the benefit of Direct Tax Vivad Se Vishwas Scheme, 2024. Even though Form 2 has been issued in acknowledgement of receipt of Form 1, the appellant is hopeful in getting the benefit of the Scheme. The learned counsel for the appellant now seeks the permission of this court to withdraw the appeal, however, with liberty to file a petition for restoration, in case the appellant's application under the scheme, is not accepted. He has also made an endorsement to that effect. 2. Recording the submission and the endorsement made by the learned counsel for the appellant, this appeal is dismissed as withdrawn with liberty as prayed for. No costs. [S.S.S.R., J.] [C.S.N., J.] 25.02.2025 Asr To The Deputy Commissioner of Income Tax Corporate Circle - 1(1) ________ Page 2/3 https://www.mhc.tn.gov.in/judis T.C.A. No.553 of 2023 Chennai - 34 S.S.SUNDAR, J. and C.SARAVANAN, J. Asr T.C.A. No.553 of 2023 Dated : 25.02.2025 ________ Page 3/3 https://www.mhc.tn.gov.in/judis