Dismissed¶24
The Commissioner of Income v. M/S Mahindra Holidays and
Madras HCTCA/434/2013
Case brief
AI extract
What is this about?
Madras High Court dismisses Income Tax Department appeal TCA No.434/2013 v. M/s Mahindra Holidays and Resorts India Ltd.; tax liability Rs.6,45,562/- within Rs.2.00 crores limit of CBDT Circular No.09 of 2024 (dated 17.09.2024); impugned ITAT Chennai “A” Bench order dated 17.10.2012 in I.T.A.No.1764/Mds/2011; bench Dr.G.Jayachandran and Shamim Ahmed; decision date 16-03-2026; dismissal without prejudice to Department raising questions of law in appropriate cases.
What did the court decide?
Since the tax liability in the appeal falls within the threshold of Rs.2.00 crores, the appeal is dismissed applying Circular No.09 of 2024, dated 17.09.2024, of the Central Board of Direct Taxes, New Delhi. ¶22