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Income Tax Appellate Tribunal, DELHI BENCH: ‘B’ NEW DELHI
Before: SHRI G.S. PANNU & SHRI SAKTIJIT DEY
ORDER
PER SAKTIJIT DEY, JUDICIAL MEMBER:
This is an appeal by Revenue against order dated 30.07.2019 of learned Commissioner of Income-Tax(Appeals)-44, New Delhi confirming penalty imposed under Section 271(1)(c) of the Income- Tax Act, 1961 pertaining to assessment year 2011-12.
When the appeal was called out for hearing, none appeared on behalf of the assessee. However, drawing our attention to letter dated 11.02.2020 of the Additional CIT, Range-6, New Delhi, learned Departmental Representative submitted, since, dispute arising in the appeal has been resolved under Mutual Agreement Procedure (MAP), the appeal is treated to be withdrawn.
Considering the aforesaid submission of the learned Departmental Representative, we permit the Revenue to withdraw the present appeal. Accordingly, the appeal is dismissed as withdrawn.