ERICSSON INDIA PVT. LTD.,NEW DELHI vs. ACIT, NEW DELHI

This appeal filed by the assessee is directed against the order passed u/s 144C r.w.s. 143(3), dated 29.01.2016, relating to assessment year 2011-12.

The ld. Counsel for the assessee filed an application seeking withdrawal of the appeal on the ground that the assessee has entered into a unilateral advance pricing agreement with the CBDT on 4th December, 2019 in respect of the international transactions undertaken by the assessee. The subject international transaction which is currently under dispute includes receipt of second line support services by the assessee from its AEs. She accordingly submitted that the assessee wants to withdraw the appeal. In absence of any objection from the side of the ld. DR, the request of the assessee seeking permission of the Bench for withdrawal of the appeal is allowed and the appeal filed by the assessee is dismissed as ‘withdrawn.’

In the result, the appeal filed by the assessee is dismissed.