2026:MHC:772 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 29-01-2026 CORAM THE HON'BLE DR.JUSTICE ANITA SUMANTH AND THE HON'BLE MR.JUSTICE MUMMINENI SUDHEER KUMAR TCA No. 259 of 2012 M/s Tamil Nadu Small Industries, Development Corporation Ltd, Guindy Industrial Estate, SIDCO Electronic Complex, Chennai – 600 032.

..Appellant(s)

Vs

1. The Income Tax Officer (OSD)

Circle III (1) Chennai.

2. The Secretary To Government Small Industries (SIC) Department, Secretariat, Chennai-9.

[R2 is Suo Motu impleaded vide Order of this Court dated 03/12/2024 made in TCA.No.259 Of

2012)]

..Respondent(s)

Prayer: Appeal filed under Section 260A of the Income Tax Act, 1961 against ITA.No.1660/Mds/2008 dated 30.04.2012 for the assessment year 2004-2005 on the file of Income Tax Appellate Tribunal, Chennai ‘A’ Bench.

For Appellant(s): Mr.A.S.Sriraman For Respondent(s): Dr.S.Sathiyanarayanan Senior Standing Counsel (for R1)

R2 – No appearance

JUDGMENT

(Judgment of the Court was delivered by Dr.Anita Sumanth J.)

The assessee challenges the order of the Income Tax Appellate Tribunal (‘ITAT’/‘Tribunal’), dated 30.04.2012, for assessment year (AY) 2004 – 2005.

2. We have heard the submissions of Mr.A.S.Sriraman, learne