OPTIMYSTIX ENTERTAINMENT INDIA P.LTD,MUMBAI vs DCIT RG 8(1)(OSD), MUMBAI

Income Tax Appellate Tribunal, “C” BENCH, MUMBAI

For Appellant: Shri R. C. Jain, Shri Sunil Bhandari, ARs

For Respondent: Shri K. Mohandas, DR

O R D E R

PER MAHAVIR SINGH, JM:

This appeal is preferred by the assessee against the order of the CIT (A)-17, Mumbai passed in appeal No.CIT (A)-17/IT-177/10-11 dated 29-01-2014. Assessment was framed by the DCIT-8(1) (OSD), Mumbai vide his order passed u/s 143 (3) (ii) of the Income Tax Act, 1961 (hereinafter “the Act”) dated 24-12-2010 for assessment year 2008-09.

At the outset, the learned Counsel for the assessee made a statement at the Bar that the assessee is not interested in pursuing this appeal and the same may be treated as not pressed. On query from the Bench, the learned Sr. DR stated that he has no objection if the assessee is permitted to withdraw the appeal. In view of the above, we permit the withdrawal of the appeal and dismissed the same as withdrawn.

In the result, assessee’s appeal is dismissed as withdrawn. Order pronounced in the open court on 26/07/2016.

OPTIMYSTIX ENTERTAINMENT INDIA P.LTD,MUMBAI vs. DCIT RG 8(1)(OSD), MUMBAI