PLAZMA TECHNOLOGIES PVT.LTD,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 10,, PUNE

This assessee’s appeal for A.Y 2007-08 is against the CIT(A) 6, Pune’s order dated 04-04-2018 passed in case No. case No. PN/CIT(A)-6/DCIT.CIR.10/50/2015016 involving proceedings under Section 271(1)(c) of the Income Tax Act, 1961 in short “the Act.”

Heard both the parties. Case file perused.

It emerges at the outset that the assessee has filed its letter dated 27-06-2022 seeking to withdraw the instant appeal on the ground that the Assessing Officer’s communication dated 31-03-2018 has informed him to have dropped the impugned penalty proceedings for A.Y 2007-08.

Revenue does not object to the assessee’s instant withdrawal application.

This assessee’s appeal is dismissed as withdrawn in above terms.