GAP INTERNATIONAL SOURCING (INDIA) PVT. LTD.,NEW DELHI vs. DCIT, CIRCLE-10(1), NEW DELHI

This appeal filed by the assessee is directed against the order dated 27th September, 2018 passed by the AO u/s 143(3) r.w.ss 144C and 254 of the IT Act, 1961 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 had filed a rectification application before the DRP who passed the order on 11th December, 2018 wherein the DRP accepted the contention of the assessee and directed the TPO to recompute the adjustment. Subsequently, the TPO deleted the entire addition and, therefore, this appeal becomes infructuous. He accordingly submitted that the appeal filed by the assessee may be allowed to be withdrawn.