Authority: High Court of Judicature at Madras

Order Date: 22-09-2026

Case Overview

  • Parties: Appellant – M/s M.Ct.M.Corporation Private Ltd, 761 Anna Salai, Chennai; Respondent – Assistant Commissioner of Income Tax, Company Circle‑IV(1), Chennai.
  • Appeals: TCA No. 25 of 2012 and TCA No. 26 of 2012 filed under Section 260A of the Income Tax Act, 1961 against ITA No. 1426/Mds/2009 for Assessment Year 1999‑2000, pending before the Income Tax Appellate Tribunal, Chennai B Bench.
  • Counsel: For appellant – Mr. A.S. Sriraman; for respondent – Ms. V. Pushpa, Senior Standing Counsel.
  • Both learned counsel agreed that the tax demands were settled by a declaration under the Vivad Se Vishwas Scheme, 2020, with Form‑5 dated 11‑Jan‑2022 placed on record.

Final Outcome

  • The Court recorded that the demands are settled and dismissed both appeals as settled, leaving the substantial questions of law unanswered.
  • No costs were awarded to either party.

Topics: Tax Settlement, Income Tax Litigation, Judicial Decision