Commissioner of Income Tax v. M/S.Sivagami Holding Pvt. Ltd.
Case brief
What is this about?
Madras High Court; TCA Nos. 826, 827, 828, 830, 831 and 832 of 2014; CIT Chennai vs M/s.Sivagami Holding Pvt Ltd; appeal under Section 260A Income-Tax Act 1961; against ITAT Madras 'D' Bench orders dated 31.05.2011 in ITA Nos.956, 957, 958, 1670, 1671, 1672/Mds/2009; assessment years 2000-01, 2001-02, 2002-03; Department withdrew appeals for low tax effect per Circular No.9 of 2024 dated 17.09.2024; dismissed as withdrawn; questions of law left open; no costs; coram Dr. Anita Sumanth J. (author) and Mummineni Sudheer Kumar J.; decision date 05-01-2026.
What did the court decide?
Withdrawal sought by the Income-Tax Department accepted; all six Tax Case (Appeals) dismissed as withdrawn on account of low tax effect per Circular No.9 of 2024 dated 17.09.2024, with the questions of law left open to be decided in an appropriate matter and no costs awarded.