Commissioner Of Income Tax,Chennai v. M/S. Sra Systems Ltd
High Court
20 Nov 2024 In favour of: Assessee
Forum / Bench
High Court · hc_cis_mas
Parties
Commissioner Of Income Tax,Chennai v. M/S. Sra Systems Ltd
Date of order
20 Nov 2024
Assessment year(s)
2007-2008
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Commissioner Of Income Tax,Chennai v. M/S. Sra Systems Ltd, the High Court (2024) dismissed the appeal. The decision went in favour of the assessee.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
T.C.A. No.438 of 2013
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED:20.11.2024
CORAM :
THE HONOURABLE DR.JUSTICE ANITA SUMANTH
and
THE HONOURABLE MR.JUSTICE G. ARUL MURUGAN
T.C.A. No. 438 of 2013
Commissioner of Income Tax,Chennai
..Appellant
Vs.
M/s. SRA Systems Ltd.,100, Valluvarkottam High Road,Nungambakkam,Chennai 600 034.
.. Respondent
Prayer : Appeal filed under Section 260A of the Income-Tax Act, 1961
against the order of the Income Tax Appellate Tribunal, Madras 'C' Bench, dated 8[th] January, 2013 in ITA No. 1813/Mds/2011.
For Appellant :Mr.J. NarayanasamySenior Standing Counsel
For Respondent:Mr.R. Sivaraman
DR. ANITA SUMANTH.,J.andG. ARUL MURUGAN.,J.
JUDGMENT
(Delivered by Dr. ANITA SUMANTH.,J)
Mr.J. Narayanasamy, learned Senior Standing Counsel, appearing for the Income-Tax Department does not wish to pursue the appeal relating to assessment year 2007-2008 and seeks withdrawal of the same on account of low tax effect per Circular bearing No.9 of 2024 dated 17.09.2024. Hence T.C.A.No. 438 of 2013 stands dismissed as withdrawn leaving the question of law open for decision in an appropriate case. No costs.
[A.S.M., J] [G.A.M., J] 20.11.2024Index:Yes/NoNeutral Citation:Yes/Nonv
T.C.A.No. 438 of 2013
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