ROTO PLAST,MUMBAI vs INCOME TAX OFFICER 27(3)(2), MUMBAI

Income Tax Appellate Tribunal, MUMBAI BENCHES “SMC”, MUMBAI

Before: Shri Shamim Yahya & Shri Pawan Singh

For Appellant: Shri R D Khanna

For Respondent: Shri S K Befari

Hearing: 01.10.2018Pronounced: 01.10.2018

O R D E R This is an appeal by the assessee directed against order of learned CIT(A)- 25, Mumbai, dated 5.12.2017, pertaining to assessment year 2009-10. 2. The grounds of appeal read as under:

1. The Learned Commissioner Income tax (Appeal-25), CIT(A-25), Mumbai Order Dated 05.12.2017 erred in “Qua Confirmation” of addition of Rs. 1,99,644/- to the extent of 12.5% against certain suspicious purchases.”

At the outset, in this case learned counsel of the assessee submitted that he shall be withdrawing the appeal. Learned departmental representative did not have any objection to this proposition.

Upon careful consideration, we have granted permission to withdraw the appeal. Accordingly, this appeal is dismissed as withdrawn.

In the result, this appeal is dismissed as withdrawn Order pronounced in the open court on this day of 1st October, 2018.

ROTO PLAST,MUMBAI vs. INCOME TAX OFFICER 27(3)(2), MUMBAI