Appellant(S v. Laserwords Us Inc

IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 10.06.2025 CORAM : THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE SUNDER MOHAN TCA No.47 of 2025CMP Nos.5215 and 5218 of 2025 Commissioner of Income Tax International TaxationChennai - 600 034. Appellant(s) Vs Laserwords US Inc.,C/o.SPI Technologies India Pvt LtdGothi Industrial EstateRS Nos.415 and 416Vazhuduvur RoadKurumbapet Revenue VillagePuducherry – 605 009. Respondent(s) Prayer: Appeal filed under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal “D” Bench, Chennai, __________Page 1 of 4 dated 22.12.2023 in IT(TP)A No.34/CHNY/2023. For Appellant(s):Mr.R.Karthik, Sr.Standing Counsel For Respondent(s): Mr.N.V.Balaji JUDGMENT (Delivered by the Hon'ble Chief Justice) Mr.Karthik 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 Appeal stands dismissed as withdrawn.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. Consequently, interim applications stand closed. (K.R.SHRIRAM, CJ.) (SUNDER MOHAN, J.) 10.06.2025 __________ Page 2 of 4 Index : Yes/NoNeutral Citation:Yes/Nosasi To: 1. The Assistant Registrar Income Tax Appellate Tribunal Chennai Benches, Chennai. Chennai Benches, Chennai. 2. The Income Tax Officer (OSD) & Secretary (DRP-1) Office of Dispute Resolution Panel-1 Kendriya Sadan, 4[th] Floor, C Wing Bengaluru – 560 034. Office of Dispute Resolution Panel-1 Kendriya Sadan, 4[th] Floor, C Wing Bengaluru – 560 034. 3. The Deputy Commissioner of Income Tax Office of the Assistant Commissioner of Income Tax International Taxation, DCIT INTL Tax 1(2) Chennai. Office of the Assistant Commissioner of Income Tax International Taxation, DCIT INTL Tax 1(2) Chennai. __________ Page 3 of 4 __________ Page 4 of 4 TCA No.47 of 2025 THE HON'BLE CHIEF JUSTICE ANDSUNDER MOHAN,J. (sasi) TCA No.47 of 2025 10.06.2025