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Income Tax Appellate Tribunal, BANGALORE BENCHES “ C ” BENCH: BANGALORE
Before: SHRI A.K. GARODIA & SHRI PAVAN KUMAR GADALE
O R D E R
PER SHRI PAVAN KUMAR GADALE, JM :
The assessee has filed an appeal against the assessment order passed u/s. 143(3) r.w.s. 144C(13) of the Income Tax Act, 1961 (the Act) Dt.30.07.2018 in pursuance to the directions of Dispute Resolution Panel under Section 144C(5) of the Act Dt.26.06.2018.
2 IT(TP)A No.2715/Bang/2018 2. We found the learned Authorized Representative of the assessee, has sent a letter for withdrawal of Appeal pursuant to signing of APA through e-mail dt.4.7.2020, in view of the assessee entering into Bilateral as well as Unilateral Advance Pricing Agreement(APA) with the CBDT on 26.06.2020, the copy of the letter is extracted as under :
3 IT(TP)A No.2715/Bang/2018
Contra, the learned departmental representative has no objection for the withdrawal of the appeal.
We heard the rival submissions and perused the material on record. In view of submission of e-mail letter dt.4.7.2020 for withdrawal of appeal by the assessee, the appeal is treated as withdrawn and dismissed.
4 IT(TP)A No.2715/Bang/2018 4. In the result, appeal of the assessee is dismissed. Pronounced in the open court on the date mentioned on the caption page.