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Commissioner Of Income Taxmadurai v. The Madras Cements Ltd.,Rajapalayam

High Court 18 Dec 2024 In favour of: Assessee
Forum / Bench
High Court · hc_cis_mas
Parties
Commissioner Of Income Taxmadurai v. The Madras Cements Ltd.,Rajapalayam
Date of order
18 Dec 2024
Assessment year(s)
1993-94
Outcome
Dismissed

Case summary

In Commissioner Of Income Taxmadurai v. The Madras Cements Ltd.,Rajapalayam, the High Court (2024) dismissed the appeal. The decision went in favour of the assessee.

Decision: Recording the aforesaid submission, the tax case appeal is dismissed as withdrawn leaving the questions of law open to be decided in an appropriate matter.

Summary auto-generated from the order below — read the full judgment for the complete reasoning.

Sections referenced in this judgment

The order — as passed by the High Court

T.C.(Appeal) No.1101 of 2007 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 18.12.2024 CORAM : THE HONOURABLE DR.JUSTICEANITA SUMANTHand THE HONOURABLE MR.JUSTICE G. ARUL MURUGAN T.C.(Appeal) No. 1101 of 2007 Commissioner of Income TaxMadurai.. Appellant vs The Madras Cements Ltd.,Rajapalayam .. Respondent Prayer: Appeal filed under Section 260A of the Income Tax Act, 1961 against order of the Income Tax Appellate Tribunal, Madras 'C' Bench, dated 26.12.2002 in ITA No.1960/M/97 for Assessment Year 1993-94. For Appellant::Mr.J.NarayanaswamySenior Standing Counsel For Respondent::Mr.P.J.Rishikesh T.C.(Appeal) No.1101 of 2007 DR. ANITA SUMANTH.,J.andG. ARUL MURUGAN.,J. JUDGMENT(Delivered by Dr. ANITA SUMANTH.,J) Mr.J.Narayanaswamy, learned Senior Standing Counsel appearing for the appellant/Department would submit that the Income-Tax Department does not wish to pursue the appeal relating to assessment year 1993-94 and seeks 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 Recording the aforesaid submission, the tax case appeal is dismissed as withdrawn leaving the questions of law open to be decided in an appropriate matter. No costs. [A.S.M., J] [G.A.M., J]18.12.2024 slIndex:Yes/NoNeutral Citation:YesSpeaking order T.C.(A) No.1101 of 2007
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