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Income Tax Appellate Tribunal, DELHI BENCHES : E : NEW DELHI
Before: SHRI R.S. SYAL & SMT. BEENA A. PILLAI
Date of Hearing : 01.10.2018 Date of Pronouncement : 01.10.2018 ORDER PER R.S. SYAL, VP: This appeal filed by the Revenue arises out of the order dated 31.07.2015 passed by the CIT(A) in relation to the assessment year 2010- 11.
Having heard both the sides and perused the relevant material on record, it is noticed that the assessee resorted to MAP proceedings for the assessment year under consideration. A copy of letter dated 01.02.2018 issued by the DCIT, Circle 1(1), International Taxation, addressed to the assessee states that the issue has been settled under MAP and the assessee is required to submit its acceptance to the Resolution under the MAP done by the Competent Court. The ld. AR also placed on record a copy of the order passed by the Tribunal in assessee’s own appeal for this year as well, in which such appeal has been dismissed due to the resolution of the issue under MAP. As such, the appeal of the Revenue has also become infructuous and the same is liable to be dismissed. We order accordingly.
In the result, the appeal of the Revenue is dismissed.
The order pronounced in the open court on 01.10.2018.