Dismissed
Commissioner of Income Tax III v. M/S Sriram Chits & Investments
Madras HCTCA/561/2010
Case brief
AI extract
What is this about?
The Income-Tax Department withdrew an appeal filed under Section 260A of the Income-Tax Act, 1961, for assessment year 2001-02, citing low tax effect as per a circular. The High Court dismissed the appeal as withdrawn, leaving the underlying question of law open to be decided elsewhere.
What did the court decide?
The appeal was dismissed as withdrawn; question of law left open.