Dismissed¶22
Commissioner of Income Tax III v. M/S.Nilakantan & Brothers
Madras HCTCA/980/2010
Case brief
AI extract
What is this about?
Low tax effect withdrawal — Madras HC TCA No. 980 of 2010 (decided 17-04-2026), Commissioner of Income Tax III Chennai v. M/s.Nilakantan & Brothers Constructions Pvt. Ltd.; appeal under S. 260A of the Income-Tax Act, 1961 against ITAT “B” Bench Chennai order dated 23.04.2010 in ITA No.125/Mds/2009; dismissed as withdrawn citing CBDT Circular Nos. 5 and 9 of 2024; without-prejudice reservation for Revenue on substantial questions of law; no merits adjudicated; advocates V. Pushpa (Revenue) and A.S. Sriraman (assessee).
What did the court decide?
Leave to withdraw the appeal granted on account of low tax effect; appeal dismissed as withdrawn, no costs, without prejudice to the Revenue's right to pursue the substantial questions of law in another appropriate case. ¶22