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The Commissioner Of Income Tax,Chennai v. M/S.saipem Aban Drilling Co Pvt. Ltdjanpriya Crest

High Court 08 Jul 2025 In favour of: Assessee
Forum / Bench
High Court · hc_cis_mas
Parties
The Commissioner Of Income Tax,Chennai v. M/S.saipem Aban Drilling Co Pvt. Ltdjanpriya Crest
Date of order
08 Jul 2025
Assessment year(s)
Outcome
Dismissed

Case summary

In The Commissioner Of Income Tax,Chennai v. M/S.saipem Aban Drilling Co Pvt. Ltdjanpriya Crest, the High Court (2025) dismissed the appeal. The decision went in favour of the assessee.

Decision: The Appeal is dismissed as withdrawn.

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

The order — as passed by the High Court

TCA No.553 of 2013 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 08.07.2025 CORAM THE HON'BLE MR.K.R.SHRIRAM, CHIEF JUSTICE ANDTHE HON'BLE MR.JUSTICE SUNDER MOHANTCA No.553 of 2013 The Commissioner of Income Tax,Chennai: Appellant versus M/s.Saipem Aban Drilling Co Pvt. LtdJanpriya Crest, No.96, Pantheon road,Egmore, Chennai 600 008: Respondent Prayer: Appeal filed against the order of the Income Tax Appellate Tribunal, Madras “A” Bench, Chennai, dated 05.01.2012 in I.T.A.2151/Mds/2010. For Appellant:Mr.J.Narayanasamy,Senior Standing CounselFor Respondent : Mr.S.P.Chidambaram Page 1 of 4 JUDGMENT TCA No.553 of 2013 (Delivered by the Hon'ble Chief Justice) Mr.Narayanasamy states that the monetary limit involved in this appeal is below the monetary limit prescribed in 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 he 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. The Appeal is dismissed as withdrawn. There shall be no order as to costs. IndexNeutral Citationtar (K.R.SHRIRAM, CJ.) (SUNDER MOHAN, J.) 08.07.2025 : Yes/No : Yes/No Page 2 of 4 To 1.The Commissioner of Income Tax, Chennai Chennai 2.The Income Tax Appellate Tribunal, Madras “A” Bench, Chennai Madras “A” Bench, Chennai Page 3 of 4 TCA No.553 of 2013 Page 4 of 4 TCA No.553 of 2013 THE HON'BLE CHIEF JUSTICE AND SUNDER MOHAN, J. (tar) TCA No.553 of 2013 08.07.2025
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