Mckinsey & Company Inc. v. DCIT, (Int. Taxation)-3(2)(1), Mumbai
[Citation -2019-LL-0912-32]
Citation | 2019-LL-0912-32 |
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Appellant Name | Mckinsey & Company Inc. |
Respondent Name | DCIT, (Int. Taxation)-3(2)(1), Mumbai |
Court | ITAT-Mumbai |
Relevant Act | Income-tax |
Date of Order | 12/09/2019 |
Assessment Year | 2011-12 |
Judgment | View Judgment |
Keyword Tags | withdrawal of appeal |
Bot Summary: | Aforesaid appeal by assessee for Assessment Year AY 2011-12 contest final assessment order dated 18/01/2016 on certain grounds of appeal. The Ld. AR, at the outset, placed on record letter dated 12/09/2019 to submit that the competent authorities of India and US have resolved the case under the provisions of Article 27 of India-US Tax Treaty and the assessee has accepted the terms of the agreement. Accordingly, the assessee wishes to withdraw the aforesaid appeal. The revenue did not raise any objection against the withdrawal of the appeal. Keeping in view the aforesaid submissions, the appeal is dismissed as not pressed. Order pronounced in the open court on 12th September, 2019. |