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Income Tax Appellate Tribunal, ‘C’ BENCH, CHENNAI
Before: HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM & HON’BLE SHRI MANU KUMAR GIRI, JM
आयकर अपीलीय अिधकरण ‘सी’ �ायपीठ चे�ई म�। IN THE INCOME TAX APPELLATE TRIBUNAL ‘C’ BENCH, CHENNAI माननीय +ी मनोज कुमार अ/वाल ,लेखा सद3 एवं माननीय +ी मनु कुमार िग7र, �ाियक सद3 के सम8। BEFORE HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM AND HON’BLE SHRI MANU KUMAR GIRI, JM आयकरअपील सं./ (िनधा9रणवष9 / Assessment Year: 2014-15) Anjappar Chettinad A/C Restaurant ITO Pondy Ward-1, बनाम/ Vs. Suprabath Flats- A, Pondicherry. 17/35, Thyagaraya Gramini Street, T.Nagar, Chennai-600 017. �थायीलेखासं./जीआइआरसं./PAN/GIR No.AAYFA-2020-J (अपीलाथ�/Appellant) : (� थ� / Respondent) अपीलाथ� कीओरसे/ Appellant by : Shri V.Padmanabhan (CA)- Ld.AR � थ�कीओरसे/Respondent by : Shri P. Sajit Kumar (JCIT)-Ld. Sr. DR सुनवाई की तारीख/Date of Hearing : 16-04-2024 घोषणा की तारीख /Date of Pronouncement : 16-04-2024 आदेश / O R D E R Manoj Kumar Aggarwal (Accountant Member)
At the time of hearing, Ld. AR placed on record a letter dated 15.04.2024 and submitted that the assessee field the present appeal to avoid imposition of penalty u/s 271(1)(c). The Ld. AR further submitted that now the proposed penalty has been dropped by NFAC and therefore, the assessee do not wish to pursue this appeal. The revenue did not object to the same.
In the result, the appeal stand dismissed as withdrawn. Order pronounced on 16th April, 2024.