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Income Tax Appellate Tribunal, MUMBAI‘SMC’ BENCH, MUMBAI
By way of this appeal, the Assessing Officer has challenged the correctness of the order dated 21st August, 2018 passed by the learned CIT(A)-21, Mumbai for the assessment year 2014-15.
Grievances raised by the Assessing Officer are as follows:
Page 2 of 2 1. It is requested not to start penalty proceedings u/s. 271(1)(c) to the IT Act, 1961 till the conclusion of this appeal.
The appeal was called for the hearing. Our attention was invited to the letter dated 24th December, 2019 filed by the appellant seeking permission to withdraw this 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.
Accordingly, this appeal is dismissed as withdrawn. Pronounced in the open court today on the 3rd day of January, 2020