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Principal Commissioner Of Income Taxcorporate Circle-4(1)Chennai 600 034 v. M/S. Madras Race Clubpost Box

High Court 03 Jul 2025 In favour of: Assessee
Forum / Bench
High Court · hc_cis_mas
Parties
Principal Commissioner Of Income Taxcorporate Circle-4(1)Chennai 600 034 v. M/S. Madras Race Clubpost Box
Date of order
03 Jul 2025
Assessment year(s)
Outcome
Dismissed

The order — as passed by the High Court

Case summary

In Principal Commissioner Of Income Taxcorporate Circle-4(1)Chennai 600 034 v. M/S. Madras Race Clubpost Box, the High Court (2025) dismissed the appeal. The decision went in favour of the assessee.

Decision: Appeal stands dismissed as withdrawn.

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

Sections referenced in this judgment

T.C.A.No.158 of 2023 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 03.07.2025 CORAM : THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE ANDTHE HON'BLE MR.JUSTICE SUNDER MOHAN T.C.A.No.158 of 2023 Principal Commissioner of Income TaxCorporate Circle-4(1)Chennai 600 034... Appellant Vs. M/s. Madras Race ClubPost Box No.2639Guindy, Chennai 600 032PAN: AAACM7640R..Respondent Prayer : Appeal filed under Section 260A of the Income Tax Act, 1961 against the order dated 13.07.2022 passed in ITA No.501/CHNY/2018 on the file of the Income Tax Appellate Tribunal, 'A' Bench, Chennai. For Appellant:Mrs.V.Pushpa Senior Standing Counsel For Respondent :Mr.G.Baskar __________ Page 1 of 4 JUDGMENT (Judgment of the Court was delivered by the Hon'ble Chief Justice) Ms.Pushpa states that the monetary limit involved in this appeal is below the monetary limit prescribed in 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. Counsel says that she has instructions, therefore, to withdraw the appeal. 2. Counsel also states that the withdrawal is only due to the monetary limit and without conceding the stand of the Department. 3. Appeal stands dismissed as withdrawn. There shall be no order as to costs. (K.R.SHRIRAM, CJ) (SUNDER MOHAN,J.) 03.07.2025 Index : Yes/NoNeutral Citation:Yes/No __________ Page 2 of 4 kpl To 1. The Assistant Registrar Income Tax Appellate Tribunal Chennai Benches, Chennai. Chennai Benches, Chennai. 2. The Commissioner of Income Tax (Appeals) Chennai. Chennai. 3. The Deputy Commissioner of Income tax Corporate Circle -4(1) Chennai. Corporate Circle -4(1) Chennai. __________ Page 3 of 4 __________Page 4 of 4 T.C.A.No.158 of 2023 THE HON'BLE CHIEF JUSTICEAND SUNDER MOHAN,J.(kpl) T.C.A.No.158 of 2023 03.07.2025
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