Commissioner Of Income Tax v. M/s. Eos GmbH India Branch Office
Case brief
What is this about?
Madras High Court; T.C.A.No.59 of 2025; C.M.P.No.6937 of 2025; appeal under Section 260A of the Income-tax Act, 1961 by Commissioner of Income Tax (International Taxation), Chennai against ITAT Madras 'D' Bench order dated 22.12.2023 in IT (TP) A No.16/Chny/2021; respondent EOS GmbH India Branch Office, Kolathur, Chennai; appeal dismissed as low tax effect case; CBDT Circular No.05/2024 (15.03.2024) and Circular No.09/2024 (17.09.2024); question of law kept open; no order as to costs; interim application closed; coram: Manindra Mohan Shrivastava, Chief Justice and G. Arul Murugan, J.; decided 11.09.2025.
What did the court decide?
As the appellant/Revenue, on instructions of its Senior Standing Counsel, does not wish to proceed with the matter — the case involving low tax effect in view of CBDT Circular No.05/2024 dated 15.03.2024 and Circular No.09/2024 dated 17.09.2024 — the appeal is dismissed; there shall be no order as to costs; consequently, the interim application stands closed.