Commissioner Of Income Taxchennai v. M/S. Tamil Nadu Industrial Explosives Ltd
High Court
24 Oct 2024 In favour of: Assessee
Forum / Bench
High Court · hc_cis_mas
Parties
Commissioner Of Income Taxchennai v. M/S. Tamil Nadu Industrial Explosives Ltd
Date of order
24 Oct 2024
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Commissioner Of Income Taxchennai v. M/S. Tamil Nadu Industrial Explosives 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
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 24.10.2024
CORAM :
THE HONOURABLE DR.JUSTICEANITA SUMANTH
andTHE HONOURABLE MR.JUSTICE G. ARUL MURUGAN
T.C.Nos.682, 683 & 684 of 2008and M.P.No.1 of 2008
Commissioner of Income TaxChennai.
vs
..Appellantin all TCAs
M/s. Tamil Nadu Industrial Explosives Ltd.,
15, Kannaiah Street,
T.Nagar, Chennai. - 600 107.
.. Respondentin all TCAs
Prayer in T.C.No.682 of 2008: Appeal filed under Section 260A of the Income-Tax Act, 1961 against the order of the Income Tax Appellate Tribunal 'B' Bench, dated 12.05.2006 in ITA Nos. 134/Mds/02.
Prayer in T.C.No.683 of 2008: Appeal filed under Section 260A of the Income-Tax Act, 1961 against the order of the Income Tax Appellate Tribunal 'B' Bench, dated 12.05.2006 in ITA Nos. 135/Mds/02.
Prayer in T.C.No.684 of 2008: Appeal filed under Section 260A of the Income-Tax Act, 1961 against the order of the Income Tax Appellate Tribunal 'B' Bench, dated 12.05.2006 in ITA Nos. 136/Mds/02
For Appellant :Mr.J.Narayanaswamy
Senior Standing Counsel
(in all appeals)
For Respondent
:Not ready in notice(in all appeals)
T.C.Nos.682, 683 & 684 of 2008
DR. ANITA SUMANTH.,J.andG. ARUL MURUGAN.,J.
JUDGMENT
(Delivered Dr. ANITA SUMANTH.,J)
Mr.J.Narayanaswamy, learned Senior Standing Counsel, appearing for the Income-Tax Department does not wish to pursue these appeals 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 Hence T.C.A.Nos.682 to 684 of 2008 stand dismissed as withdrawn. No costs. Connected miscellaneous petition is closed.
Index:Yes/NoNeutral Citation:Yes/Nossm
[A.S.M., J] [G.A.M., J] 24.10.2024
T.C.Nos.682, 683 & 684 of 2008
This page reproduces a public-domain court order (Section 52(1)(q)(iv), Copyright Act 1957). Explanations are EaseValue's original analysis. Always read the original order.
Disclaimer: General information only — not legal, tax or professional advice, and no advocate/CA–client relationship is created. AI-generated summaries may contain errors and must be verified against the original court order. EaseValue accepts no liability for reliance on this content. Not a solicitation.
Full disclaimer & Terms.
EaseValue