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Income Tax Appellate Tribunal, MUMBAI BENCH “C”, MUMBAI
Before: Shri Sktijit Dey & Shri G Manjunatha
Date of hearing 19-09-2017 Date of pronouncement 25 -09-2017 O R D E R
Per G Manjunatha, AM :
This appeal is filed by the assessee and directed against the order of the CIT(A)-I, Baroda dated 30-03-2012 and it pertains to AY 2006-07, raising the following grounds of appeal:
“Grounds of appeal I Relief claimed in appeal
To delete Rs 29,15,787/- as unsecured loans. 1. To delete Rs 2,62,00,000/- as share application money since it 2. s book entry and wrongly considered as unexplained cash credit u/s 68
To allow of Rs 48,79,744/-, as expense incurred by the 3. company for legal cases and administrative expenses.”
The assessee, vide letter dated September 15, 2017 has sought permission to withdraw the appeal, as they are not interested in pursuing the appeal. The Ld.DR has acceded to the proposition. In the circumstances, we dismiss the appeal, as withdrawn.
Order pronounced in the open at the time of hearing .