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Income Tax Appellate Tribunal, DELHI BENCH: ‘I-2’ NEW DELHI
Before: SHRI BHAVNESH SAINI & SHRI PRASHANT MAHARISHI
ORDER PER BENCH
18.01.2017 for AY 2012-13 u/s 143(3) r.w.s. 144C of the I.T. Act passed by the Addl. Commissioner of Income Tax, Range-13, New Delhi. Stay Application No. 151/Del/2017 is filed by assessee in ITA No. 1204/Del/2017. by assessee has been directed against the order u/s 154/143/144C of the Act dated 25.05.2017 for AY 2012-13 passed by DCIT, Circle 13(2), New Delhi.
Ld. Counsel for assessee submitted that in the light of MAP Settlement, assessee seeks liberty to withdraw both the appeals. The order of the AO dated 02.05.2019 as per MAP is filed on record. Ld. Counsel for assessee also submitted that even before the High Court in other year the appeals have been withdrawn. Ld. Counsel for assessee, therefore, submitted that assessee may be permitted to withdraw both the appeals and stay application is consequential which has become infructuous.
Ld. DR has no objection to withdrawal of both the appeals.
In view of the statement of Ld. Counsel for assessee and that the matter is settled in MAP, both the appeals of assessee are dismissed as withdrawn. The stay application has become infructuous, the same is also dismissed.
In the result, both the appeals and stay application of the assessee are dismissed.
Order pronounced in the open Court on 28/05/2019