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Income Tax Appellate Tribunal, MUMBAI BENCHES, ‘H’ MUMBAI
Before: Shri Joginder Singh, & Shri Manoj Kumar Aggarwal
आदेश / O R D E R Per Joginder Singh(Judicial Member) The assessee is aggrieved by the impugned order dated 28/03/2016 of the Ld. First Appellate Authority, Mumbai, confirming the addition of Rs.5 lakh made on estimate/notional basis as income from house property and further directing the Ld. Assessing Officer to restrict the addition of Rs.20,36,375/- made in the assessment order to Rs.2,91,693/- out of the deemed interest.
During hearing, the ld. counsel for the assessee, invited our attention to the letter dated 01/01/2018 with a request to grant permission to withdraw the appeal filed by the assessee. Before us, the ld. counsel contended that the assessee may be granted permission, to which the ld. DR has no objection.
2.1. Considering the totality of facts and the application of the assessee, the appeal of the assessee is dismissed as withdrawn.
Finally, the appeal of the assessee is dismissed as withdrawn.
Sunil Kapur This Order was pronounced in the open court in the presence of Ld. representative from both sides at the conclusion of hearing on 21/06/2018.