T.C.A.Nos.64 & 65 of 2026 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 02.06.2026 CORAM : THE HONOURABLE MR. SUSHRUT ARVIND DHARMADHIKARI, CHIEF JUSTICE AND THE HONOURABLE MR.JUSTICE G.ARUL MURUGAN T.C.A.Nos.64 & 65 of 2026 The Principal Commissioner of Income Tax-3 Chennai-600034. Appellant(s) Vs Sundram Fasteners Ltd 98-A,7th Floor, Dr.Radhakrishnan Salai Mylapore Chennai-600004 (PAN AAACS 8779D) Respondent(s) Prayer : Petitions filed under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal ‘D’ Bench dated 16.06.2023 in ITA No.74/Chny/2018 and 16.06.2023 passed in ITA No.317/Chny/2018 respectively. For Appellant(s): Mrs. V.Pushpa Senior Standing Counsel __________ https://www.mhc.tn.gov.in/judis T.C.A.Nos.64 & 65 of 2026 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 these cases are 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 matters, though the questions of law may be kept open for consideration in the appropriate matter. 3. In that view of the matter, the appeals stand dismissed. (SUSHRUT ARVIND DHARMADHIKARI,CJ) (G.ARUL MURUGAN,J) 02.06.2026 Index : Yes/No Neutral Citation : Yes/No kpl __________ https://www.mhc.tn.gov.in/judis T.C.A.Nos.64 & 65 of 2026 To 1. The Assistant Registrar Income Tax Appellate Tribunal Chennai Benches Chennai. 2. The Commissioner of Income Tax (Appeals)-15 121, Mahatma Gandhi Road Chennai 600 034. 3. The Deputy Commissioner of Income Tax Corporate Circle-6(2) Chennai. __________ https://www.mhc.tn.gov.in/judis T.C.A.Nos.64 & 65 of 2026 THE HON'BLE CHIEF JUSTICE AND G.ARUL MURUGAN,J. (kpl) T.C.A.Nos.64 & 65 of 2026 02.06.2026 __________ https://www.mhc.tn.gov.in/judis