ITO (EXEMPTION)-2(1) MUMBAI, MUMBAI vs. MANGHNANI CHARITABLE TRUST, MUMBAI

The Revenue is aggrieved by the impugned order dated 30.06.2016, of the Ld. Commissioner of Income Tax (Appeal) directing the Assessing Officer to expedite

During the hearing, the learned D.R. filed an application dated 15.03.2018, with a request that the Department may be permitted to withdraw the appeal filed before the Tribunal. The learned D.R., Shri Saurabh Rai, contended that in view of the aforesaid application, the Department may be permitted to withdraw the appeal. The ld. Counsel for the assessee, Ms. Ruchi Tamhankar, have no objection to the request of the learned D.R.

We have considered the rival submissions and perused the material available on record. Without going into much deliberation and in view of application of the Department dated 15.03.2018, and contention of the learned D.R., the Department is permitted to withdraw the appeal, therefore, the appeal of the Revenue is dismissed as withdrawn.