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Income Tax Appellate Tribunal, MUMBAI-“H”BENCH
Before: S/Shri. D.T. Garasia & Ashwani Taneja
PER D.T. GARASIA, JUDICIAL MEMBER
1. This appeal is filed by the filed against the order of CIT(A) dated 30.06.2015 for the assessment year 2011-12.
Following grounds are raised in the appeal read as under:-
Penalty Under Section 271(1)(c) of the Act Rs.10,30,131/-
1.1 On the facts and in the circumstances of the case and in law, the Learned CIT(A) erred in confirming the peanalty levied by the learned Assessing Officer under Section 271(1)(c) of the Act at Rs.10,30,131/-.
1.2 The learned Assessing Officer and the learned CIT(A) failed to appreciate the submissions made and explanation offered by the appellant and the legal position in this behalf.
ITA.NO.5036/Mum/2015 Dattatray Bapu Gharat.
During the course of hearing ld.A.R has given the application to withdraw this appeal on the ground that assessee do not want to pursue this appeal. Therefore he has requested for permission to withdraw this appeal.
During the course of hearing we have permitted to withdraw this appeal hence appeal is dismissed no order is to pass.
Order pronounced in the Open Court on 24th January, 2017. 5.