''K'' STEAMSHIP AGENCIES PRIVATE LIMITED,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-6(4), MUMBAI
What did the Tribunal hold?
The Tribunal noted that the assessee did not wish to prosecute the appeal. The revenue had no objection to the withdrawal. Therefore, the appeal was dismissed as withdrawn.
What were the facts?
The assessee company, K. Steamship Agencies Pvt. Ltd., filed an appeal before the Income Tax Appellate Tribunal. During the proceedings, the assessee sought to withdraw the appeal.
What were the issues?
The primary issue was whether the assessee's request to withdraw the appeal should be granted.
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, MUMBAI BENCH “H”, MUMBAI
Before: SHRI G.S. PANNU & SHRI RAVISH SOOD
PER G.S. PANNU, AM :
When the proceedings were called out to consider grant of out-of- turn hearing, the learned representative for the assessee furnished a communication of the appellant-company dated 04.06.2018 seeking to withdraw the appeal filed before the Tribunal. As the assessee does not wish to prosecute the appeal, the ld. DR has no objection if the appeal is dismissed as withdrawn as per the prayer of the assessee. Accordingly, the appeal of the assessee is dismissed as withdrawn.
The above was announced in the presence of both the parties on 11th June, 2018. (RAVISH SOOD) ACCOUNTANT MEMBER Mumbai, Date : 11th June, 2018 *SSL*
Copy to : 1) The Appellant 2) The Respondent 3) The CIT(A) concerned 4) The CIT concerned 5) The D.R, “H” Bench, Mumbai 6) Guard file By Order
Dy./Asstt.
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