JSW SEEL LTD,MUMBAI vs DCIT CEN CIR 46, MUMBAI

Income Tax Appellate Tribunal, MUMBAI “F” BENCH, MUMBAI

By way of this appeal, the assessee-appellant has challenged the correctness of the order dated 01.12.2014, passed by the CIT(A)-47, Mumbai, in the matter of assessment under section 143(3) r.w.s. 153 A of the Income Tax Act, 1961, for the assessment year 2005-06.

Grievances raised by the assessee reads as under: 1. On the facts and in the circumstances of the case, the CIT(A) erred in confirming the action of the DCIT in not allowing the reduction of the reversal of the provision for doubtful debts from the Book Profits for the purpose of MAT Computation.

Assessment Year: 2005-06 Page 2 of 3 3. The appeal was called for the hearing. At the outset in this case learned counsel of the assessee submitted that he shall be withdrawing the appeal.

The ld. DR does not oppose to the prayers so made by the assessee.

In view of the above position, we deem it fit and proper to permit to withdraw the aforesaid appeal.

JSW SEEL LTD,MUMBAI vs. DCIT CEN CIR 46, MUMBAI