Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, CHANDIGARH BENCH ”A”, CHANDIGARH
आदेश/Order
PER DR. B.R.R. KUMAR, A.M:
The present appeal has been filed by the Assessee against the order of the Ld. CIT(A)-3, Gurgaon dt. 29/08/2017.
In the present appeal Assessee has raised the following effective grounds:
That the Worthy Commissioner of Income Tax (Appeals)-3, Gurgaon has erred in upholding the penalty amounting to Rs. 44,600/- u/s 271AAA of the Income Tax Act, 1961. 2. That the Worthy CIT (A) has erred in not considering that during assessment proceedings, assessee had furnished the explanation with regard to jewellery found from the residential premises and locker and, as such, nothing was undisclosed.
During the hearing before us the assessee has submitted that the appeal is being withdrawn and signed accordingly .
The Ld.DR has not opposed to the proposal of the Assessee withdrawing the appeal. Hence, the appeal is hereby dismissed as withdrawn.
Order pronounced in the open Court. Sd/- Sd/- संजय गग� / (SANJAY GARG ) डा. बी.आर.आर, कुमार / ( DR. B.R.R. KUMAR) �या�यक सद�य/ Judicial Member लेखा सद�य/ Accountant Member
Date: 10/12/2018 AG Copy of the order forwarded to : 1. The Appellant, 2. The Respondent 3. CIT, 4. DR, ITAT, CHANDIGARH, 5. Guard File