M/S NEELKANTH CORPORATE CONSULTANTS PVT. LTD.,,NEW DELHI vs. ITO, NEW DELHI

ORDER Per L.P. Sahu, A.M.: During the course of hearing, the ld. counsel for the assessee submitted an application stating that since tax on the impugned addition has been paid and no penalty has been levied by the department, the assessee does not wish to press this appeal and seeks permission to withdraw the same so as to avoid further litigation. The ld. DR has no objection on the request of the assessee. Accordingly, the appeal of the assessee deserves to be dismissed as withdrawn.