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Commissioner Of Income Taxchennai v. M/S.current Electricals Ltd.,3, Dev Plot Industrial Estateperungudi, Chennai

High Court 28 Oct 2024 In favour of: Assessee
Forum / Bench
High Court · hc_cis_mas
Parties
Commissioner Of Income Taxchennai v. M/S.current Electricals Ltd.,3, Dev Plot Industrial Estateperungudi, Chennai
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.current Electricals Ltd.,3, Dev Plot Industrial Estateperungudi, Chennai, 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Hence, keeping the questions of law alive for determination in an appropriate case, this appeal is dismissed as withdrawn.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

TC.(A)No.989 of 2010 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 28.10.2024 CORAM : THE HONOURABLE DR.JUSTICEANITA SUMANTHandTHE HONOURABLE MR.JUSTICE G. ARUL MURUGAN TC(A).No.989 of 2010 Commissioner of Income TaxChennai .. Appellant vs M/s.Current Electricals Ltd.,3, Dev Plot Industrial EstatePerungudi, Chennai... Respondent PRAYER: APPEAL filed under Section 260A of the Income Tax Act, 1961 against order dated 11.05.2010 passed in I.T.A.No.1632/Mds/2008 for the Assessment Year 2004-05 on the file of the Income Tax Appellate Tribunal, Madras 'C' Bench, Chennai. For Appellant: Mr.T.Ravikumar Senior Standing Counsel For Respondent: No appearance DR. ANITA SUMANTH,J. andG. ARUL MURUGAN.,J JUDGMENT (Order of the Court was made by Dr.ANITA SUMANTH.,J) There is no appearance for the respondent, even though the description is printed in the cause list. 2. 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. 3. Hence, keeping the questions of law alive for determination in an appropriate case, this appeal is dismissed as withdrawn.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:Yessl [A.S.M., J] [G.A.M., J] 28.10.2024 TC.No.989 of 2010
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