Commissioner of Income Tax v. Tt Krishnamachari &Co
Case brief
What is this about?
Madras High Court tax case appeal (T.C.A No.899 of 2014, decided 05.01.2026) by Commissioner of Income Tax, Chennai against TT Krishnamachari & Co; appeal under Section 260A of the Income-Tax Act, 1961 against ITAT Madras 'B' Bench order dated 19.10.2011 in ITA.No.1184/mds/2009; assessment year 2000-2001; dismissed as withdrawn on low tax effect ground per Circular bearing No.9 of 2024 dated 17.09.2024; questions of law left open; no costs; bench: Dr. Justice Anita Sumanth, Mr. Justice Mummineni Sudheer Kumar.
What did the court decide?
Appeal dismissed as withdrawn at the request of the Income-Tax Department on account of low tax effect; questions of law left open to be decided in an appropriate matter; no costs. ¶23