The Pr. Commissioner Of Income Tax – 1,Chennai v. Shri Rakesh Sarin
High Court
25 Nov 2024 In favour of: Assessee
Forum / Bench
High Court · hc_cis_mas
Parties
The Pr. Commissioner Of Income Tax – 1,Chennai v. Shri Rakesh Sarin
Date of order
25 Nov 2024
Assessment year(s)
2016-17
Outcome
Dismissed
Case summary
In The Pr. Commissioner Of Income Tax – 1,Chennai v. Shri Rakesh Sarin, the High Court (2024) dismissed the appeal. The decision went in favour of the assessee.
Decision: Recording the aforesaid submission, this tax case appeal is dismissed as withdrawn leaving the question of law open to be decided in an appropriate matter. slIndex:Yes/NoNeutral Citation:YesSpeaking order [A.S.M., J] [G.A.M., J]25.11.2024 T.C.(A)No.282 of 2024
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.(A)No.282 of 2024
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 25.11.2024
CORAM :
THE HONOURABLE DR.JUSTICE ANITA SUMANTHandTHE HONOURABLE MR.JUSTICE G. ARUL MURUGAN
T.C.(A)No.282 of 2024
The Pr. Commissioner of Income Tax – 1,Chennai.
.... Appellant
vs
Shri Rakesh Sarin
.... Respondent
Prayer : Appeal filed under Section 260A of the Income Tax Act, 1961 against order dated 24.04.2023 made in I.T.A.No.730/Chny/2020 in respect of assessment year 2016-17.
For Appellant:Mr.T.RavikumarSenior Standing Counsel
For Respondent:
Mr.Ravi Kannan
Dr.ANITA SUMANTH,J.ANDG.ARUL MURUGAN,J.
JUDGMENT(Delivered by Dr. ANITA SUMANTH.,J)
Mr.T.Ravikumar, learned Senior Standing Counsel, appearing for the appellant/Department would submit that the Income-Tax Department does not wish to pursue this appeal qua assessment year 2016-17 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 Recording the aforesaid submission, this tax case appeal is dismissed as withdrawn leaving the question of law open to be decided in an appropriate matter.
slIndex:Yes/NoNeutral Citation:YesSpeaking order
[A.S.M., J] [G.A.M., J]25.11.2024
T.C.(A)No.282 of 2024
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