Case Law β€Ί High Court β€Ί Commissioner Of Income Tax Trichirapalli...

Commissioner Of Income Tax Trichirapalli v. The Karur Vysya Bank Ltd.,Central Office, Erode Road, Karur – 639 002

High Court 21 Aug 2025 In favour of: Assessee
Forum / Bench
High Court Β· hc_cis_mas
Parties
Commissioner Of Income Tax Trichirapalli v. The Karur Vysya Bank Ltd.,Central Office, Erode Road, Karur – 639 002
Date of order
21 Aug 2025
Assessment year(s)
β€”
Outcome
Dismissed

Case summary

In Commissioner Of Income Tax Trichirapalli v. The Karur Vysya Bank Ltd.,Central Office, Erode Road, Karur – 639 002, the High Court (2025) dismissed the appeal. The decision went in favour of the assessee.

Decision: Recording the aforesaid submission, these tax case appeals are dismissed as withdrawn leaving the question of law open to be decided in an appropriate matter.

Summary auto-generated from the order below β€” read the full judgment for the complete reasoning.

Sections referenced in this judgment

The order β€” as passed by the High Court

T.C.A.Nos.664 and 666 of 2010 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 21.08.2025 CORAM : THE HONOURABLE DR.JUSTICEANITA SUMANTHand THE HONOURABLE MR.JUSTICE N.SENTHILKUMAR T.C.A.Nos.664 and 666 of 2010 Commissioner Of Income Tax Trichirapalli. .. Appellant in both T.C.(A)s vs The Karur Vysya Bank Ltd.,Central Office, Erode Road, Karur – 639 002. .. Respondent in both T.C.(A)s Common Prayer: Appeals filed under Section 260A of the Income Tax Act, 1961 against order of the Income Tax Appellate Tribunal, Madras, 'D' Bench, dated 14.07.2006 in ITA Nos.1135&1136/Mds/2003. For Appellant : Mr.V.Mahalingam,Senior Standing Counsel For Respondent:Mr.R.Venkatanarayananfor M/s.Subbaraya Aiyar Padmanabhan DR. ANITA SUMANTH.,J.andN.SENTHILKUMAR,J. JUDGMENT (Delivered by Dr. ANITA SUMANTH.,J) Mr.V.Mahalingam, learned Senior Standing Counsel, appearing for the appellant/Department would submit that the Income-Tax Department does not wish to pursue these appeals qua assessment periods 1992-93 (T.C.(A) No.664 of 2010) 1993-94 (T.C.(A) No.666 of 2010) and seek withdrawal of the same on account of the low tax effect per Circular bearing No.9 of 2024 dated 17.09.2024. 2. Recording the aforesaid submission, these tax case appeals are dismissed as withdrawn leaving the question of law open to be decided in an appropriate matter. No costs. Index:Yes/NoSpeaking orderNeutral Citation:Yessl [A.S.M., J] [N.S.,J.]21.08.2025 T.C.A.Nos.664 & 666 of 2010
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