PROVIMI ANIMAL NUTRITION INIDA PRIVATE LIMITED,BANGALORE vs. DCIT, BANGALORE

PER BEENA PILLAI, JUDICIAL MEMBER Present cross appeals have been filed by assessee and revenue for assessment year 2010-11 arising out of order dated 29/03/2016 passed by Ld.CIT(A) -5 and appeal filed by assessee for assessment year 2011-12 arising out of order dated 17/11/2016, passed by Ld.CIT(A) -5. 2. At the outset, Ld.AR submitted that assessee has decided to go in for VSVS 2020. She accordingly submitted that, appeals filed by assesse for assessment years under consideration, may be allowed to be withdrawn with liberty. 3. Ld.Sr.DR do not object to the same. 4. We have perused submissions advances by both sides in light of records placed before us. 5. As assessee has sought for VSVS- scheme 2020, no purpose will be served in keeping the present appeal pending. Considering the situation, we dismiss the present appeal as withdrawn. However, liberty is granted to move appropriate application for recall of this order, in the event, Form 1 filed by assessee is not accepted by revenue. Accordingly, assessee’s appeals for assessment years under consideration is allowed to be withdrawn with liberty. In the result, assessee’s appeals are dismissed as withdrawn. 6. In the revenue appeal for assessement year 2010-11, it is submitted that all grounds relate to direction by Ld.CIT(A), to reduce expenditure incurred in travel, telecommunication,