M/S NORTHERN OPERATING SERVICES PVT LTD,BENGALURU vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-5(1)(1),, BENGALURU

This appeal is filed by the assessee and it is directed against the assessment order dated 26.10.2017 for A. Y. 2013 – 14 passed u/s 143 (3) r.w.s. 144C of I. T. Act, 1961 as per the directions of DRP.

In course of hearing, it was submitted by the learned AR of the assessee that the assessee has filed a letter dated 19.11.2019 with the registry on 21.11.2019 in which it is submitted that the assessee wants to withdraw all grounds of appeal relating to Transfer Pricing Adjustment pursuant to MAP resolution (B)/2017 Page 2 of 2 acceptance. In reply to a specific query of the bench as to whether any other ground survives after withdrawal of T P Grounds, it was submitted by the learned AR of the assessee that no ground survives. Learned DR of the revenue submitted that he has no objection about withdrawal of all grounds by the assessee. Accordingly, this appeal of the assessee is dismissed as withdrawn.

In the result, the appeal of the assessee is dismissed. Order pronounced in the open court on the date mentioned on the caption page.