Commissioner Of Income Taxchennai v. M/S.ashley Holdings Ltd
High Court
28 Oct 2024 In favour of: Assessee
Forum / Bench
High Court · hc_cis_mas
Parties
Commissioner Of Income Taxchennai v. M/S.ashley Holdings Ltd
Date of order
28 Oct 2024
Assessment year(s)
2004-05
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In Commissioner Of Income Taxchennai v. M/S.ashley Holdings Ltd, the High Court (2024) dismissed the appeal. The decision went in favour of the assessee.
Decision: Hence, keeping the questions of law alive for determination in an appropriate case, this appeal is dismissed as withdrawn.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
TCANo.635 of 2011
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 28.10.2024
CORAM :
THE HONOURABLE DR.JUSTICEANITA SUMANTHand
THE HONOURABLE MR.JUSTICE G. ARUL MURUGAN
TCA.No.635 of 2011
Commissioner of Income TaxChennai
.. Appellant
vs
M/s.Ashley Holdings Ltd.,No.1, Sardar Patel Road, 8[th] FloorGuindy
Chennai-600 032... Respondent
PRAYER: APPEAL filed under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal, Madras 'D' Bench, dated 11.07.2011 in I.T.A.No.744/Mds/2009 for the Assessment Year 2004-05.
For Appellant: Mr.T.Ravikumar
Senior Standing Counsel
For Respondent
: Mr.R.Venkatanarayanan
DR. ANITA SUMANTH,J.andG. ARUL MURUGAN.,J
JUDGMENT
(Order of the Court was made by Dr.ANITA SUMANTH.,J)
Mr.T.Ravikumar, learned Senior Standing Counsel appearing for the Income Tax Department does not wish to pursue this appeal relating to Assessment Year 2004-05 and seeks withdrawal of the same on account of low tax effect per Circular bearing No.9 of 2024 dated 17.09.2024.
2. Hence, keeping the questions of law alive for determination in an appropriate case, this appeal is dismissed as withdrawn. No costs.
Index:Yes/NoSpeaking orderNeutral Citation:Yesvs
[A.S.M., J] [G.A.M., J] 28.10.2024
TCA.No.635 of 2011
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