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Income Tax Appellate Tribunal, DELHI BENCH: ‘I’ NEW DELHI
Before: SHRI G.D. AGRAWAL & SHRI BHAVNESH SAINI
ORDER PER SHRI BHAVNESH SAINI, J.M. This appeal by assessee has been directed against the order of Addl. CIT, Special Range-8, New Delhi dated 08.111.2016 for AY 2012-13 u/s 143(3) r.w.s. 144C of the I.T. Act.
The assessee has filed an application for withdrawal of the appeal. It is stated in the application that in view of Rule 10RA(4) of the Rules, to give effect to the agreement, the appeal filed by the assessee to the extent of the International transaction, covered by the agreement needs to be withdrawn before furnishing the modified Income tax return for the AY 2012-13. The assessee, therefore, prayed that the entire appeal filed before the Tribunal stands withdrawn.
Ld. DR has no objection to the same.
In view of the above, the appeal of the assessee is dismissed as withdrawn. Order pronounced in the open Court.