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Income Tax Appellate Tribunal, MUMBAI BENCH “A”, MUMBAI
Before: SHRI G.S. PANNU & SHRI AMARJIT SINGH
The captioned appeal by the assessee is directed against the order of CIT(A)-38, Mumbai dated 14.11.2014, pertaining to the Assessment Year 2006-07, which in turn has arisen from the order passed by the Assessing Officer, Mumbai dated 02.05.2013 imposing penalty u/s 271(1)(c) of the Income Tax Act, 1961 (in short ‘the Act’).
At the time of hearing, the learned representative for the assessee made a request for permission to withdraw the appeal as the appeal being for the said assessment year has been decided by the Tribunal in favour of the assessee.
The ld. DR appearing for the Revenue has no objection to the aforesaid plea of assessee.
Accordingly, the appeal of assessee is dismissed as withdrawn.
The above decision was pronounced in the open court in the presence of both the parties at the conclusion of hearing on 13th September, 2017.