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Income Tax Appellate Tribunal, “SMC” Bench, Mumbai
These are appeals by the assessee directed against respective orders of learned Commissioner of Income Tax (Appeals) pertaining to A.Ys. 2009-10 & 2010-11.
The grounds of appeal relate to levy of penalty u/s. 271(1)(c) of the Income Tax Act.
At the outset, in this case learned Counsel of the assessee submitted that the assessee has opted for solution of dispute under the Vivaad se Vishwas Scheme and the assessee seeks permission to withdraw these appeals. Learned Departmental Representative does not have any objection in this regard. Hence, these appeals are dismissed as withdrawn.
2 Nihar Arvind Bahadkar
In the result, appeals stand dismissed as withdrawn.
Order pronounced under Rule 34(4) of the ITAT Rules by placing the result on notice board on 03.12.2020.