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Income Tax Appellate Tribunal, BANGALORE BENCH ‘ B ’
Before: SMT. P. MADHAVI DEVI & SHRI JASON P. BOAZ
O R D E R Per Shri Jason P. Boaz, A.M. : This appeal by the assessee is directed against the order of the Commissioner of Income Tax (Appeals)-12, Bangalore dt.24.09.2012 for Assessment Year 2009-10. 2. In the course of hearing of the appeal for Assessment Year 2009-10, the learned Authorised Representative filed a letter dt.9.6.2015 requesting for withdrawal of this appeal before the Tribunal, wherein it is submitted as under :
2 IT(IT)A No.1497/Bang/2012 “ 9 June 2015 Dear Sirs, Appellant : ABB AS (‘the Company’ or ‘the appellant’) Assessment Year : 2009-10 and 2010-11. PAN : AAFCA 9552R Subject : Withdrawal of appeal filed before the Hon'ble ITAT. We refer to the captioned subject and the appeals filed by the company before your Honours for A.Y. 2009-10 and A.Y. 2010-11. In this regard, the company humbly submits that pursuant to commercial considerations and in order to buy peace / avoid prolonged litigation, the company has decided to withdraw the appeal filed before Your Honours for A.Y. 2009-10 and A.Y. 2010-11.”
In view of the assessee's request for withdrawal of this appeal filed before the Tribunal for Assessment Year 2009-10, the same is allowed to be withdrawn and being rendered infructuous is accordingly dismissed.
In the result, the assessee's appeal for Assessment Year 2009-10 is dismissed. Order pronounced in the open court on 30th July, 2015.