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Income Tax Appellate Tribunal, DELHI BENCHES “I-1” : DELHI
Before: SHRI BHAVNESH SAINI & SHRI B.R.R. KUMAR
This appeal by Assessee has been directed against the Order of the Ld. CIT(A)-44, New Delhi, Dated 29.01.2016, for the A.Y. 2010-2011.
2 ITA.No.4109/Del./2016 M/s. Advantec Coils (P.) Ltd., [Now known as Zamil Air Conditioners India Private Limited], New Delhi. 2. Learned Counsel for the Assessee filed an application stating therein that since assessee is running into losses and would not be able to bear the litigation expenses, therefore, in order to buy peace of mind, assessee prayed for withdrawal of the appeal.
In view of the above, assessee is allowed to withdraw the appeal. Appeal of assessee is accordingly dismissed as withdrawn.
In the result, appeal of Assessee dismissed as withdrawn.
Order pronounced in the open Court.