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Income Tax Appellate Tribunal, DELHI ‘G’ BENCH,
Before: SHRI N.K. BILLAIYA & MS. SUCHITRA KAMBLE
PER N. K. BILLAIYA, AM:
This appeal by the assessee is preferred against the order of the CIT(A)-25, Delhi dated 31.08.2016 pertaining to A.Y. 2014-15.
The only grievance of the assessee is that the CIT(A) erred in confirming the addition of Rs.7.50 lacs made by the AO invoking the provisions of section 69A of the Act. 1
At the very outset the counsel for the assessee stated that he may be allowed to withdraw the appeal. The DR raised no objection.
In the result, the appeal filed by the assessee is accordingly dismissed as withdrawn. 5. Decision announced in the open court in the presence of representatives of both the sides on 08. 12.2020.