Principal Commissioner Of Income Taxcentral-Ino v. M/S Indus Mobile Distribution Pvt Ltd

TCA No.48 of 2021 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 07.08.2025 CORAM THE HON'BLE MR.MANINDRA MOHAN SHRIVASTAVA, CHIEF JUSTICEAND THE HON'BLE MR.JUSTICE SUNDER MOHAN TCA No.48 of 2021 Principal Commissioner of Income TaxCentral-INo.108, Nungambakkam High RoadChennai 600 034.. Appellant -vs- M/s Indus Mobile Distribution Pvt Ltd.,No.281, TTK Road, AlwarpetChennai 600 018.. Respondent Appeal filed under Section 260A of the Income Tax Act, 1961, against the order dated 18.02.2020 passed in ITA No.967/Chny/2019 on the file of the Income Tax Appellate Tribunal, “A” Bench, Chennai for the Assessment Year 2007-08. For Appellant: Mr.RajasekarFor Respondent : Sole respondent-Vacated JUDGMENT(Judgment of the Court was made by the Chief Justice) Heard learned counsel for the appellant/Revenue. Page 1 of 3 TCA No.48 of 2021 2. At the outset, learned counsel for the Revenue fairly submits that it is a case having low tax effect. Therefore, in view of the Circular No.05/2024 dated 15.03.2024 and Circular No.09/2024, dated 17.09.2024, issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, Government of India, the appellant/Revenue does not wish to proceed with the matter, though the questions of law proposed may be kept open for consideration in appropriate case. 3. Placing on record such submission, the appeal stands dismissed. There shall be no order as to costs. (MANINDRA MOHAN SHRIVASTAVA, CJ.) (SUNDER MOHAN, J.) 07.08.2025 Index: Yes/NoNeutral Citation: Yes/No ss To 1. The Income Tax Appellate Tribunal Madras 'A' Bench, Chennai 2. The Principal Commissioner of Income Tax Central-I No.108, Nungambakkam High Road Chennai 600 034 No.108, Nungambakkam High Road Chennai 600 034 Page 2 of 3 Page 3 of 3 TCA No.48 of 2021THE HON'BLE CHIEF JUSTICE AND SUNDER MOHAN, J. ss TCA No.48 of 2021 07.08.2025