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Income Tax Appellate Tribunal, “B” BENCH : BANGALORE
Before: SHRI N.V. VASUDEVAN & SHRI CHANDRA POOJARI
Per N.V. Vasudevan, Vice President These are appeals by the assessee against the final orders of assessment passed u/s. 143(3) r.w.s. 144C of the Income-tax Act, 1961 [the Act] relating to assessment years 2011-12 & 2012-13.
At the time of hearing, the ld. counsel for the assessee filed a letter seeking to withdraw the appeals as the issues raised in the appeals have been settled under the Mutual Agreement Procedure (MAP) under Article 27 of the Convention between the Government of United States of America and the Republic of India for the avoidance of double taxation and the IT(TP)A Nos.447/B/17 & 605/B/2016 Page 2 of 2 prevention of fiscal evasion with respect to taxes on income and on capital. Accordingly, these appeals are dismissed as withdrawn.