IN THE INCOME TAX APPELLATE TRIBUNAL
                         "A" Bench, Mumbai

                Before Shri D. Manmohan, Vice President
               and Shri Sanjay Arora, Accountant Member

                         ITA No. 170/Mum/2012
                        (Assessment Year: 2008-09)

     Mr. Ajitchandra J. Thakkar              ACIT, Range 13(2)
     C/o Morarji Peraj & Co.             Vs. Aayakar Bhavan, M.K. Road
     138, Masjid Bander Road                 Mumbai 400020
     Masjid Bunder, Mumbai 400003
     PAN - ACDPT4375Q
                 Appellant                          Respondent

                   Appellant by:    Ms. Neomi Lakhpatia
                   Respondent by:   Shri M.L. Perumal

                   Date of Hearing:       05.12.2013
                   Date of Pronouncement: 05.12.2013

                                 ORDER

Per D. Manmohan, V.P.






       This appeal by the assessee is directed against the order dated
01.11.2011 passed by CIT(A) ­ 24, Mumbai and it pertains to A.Y. 2008-09.
Disallowance of an amount of `4,99,889/- on account of interest paid on
unsecured loans is the subject matter of dispute before us.

2.     During the course of hearing the learned counsel for the assessee
moved an application for withdrawal of the appeal to which Revenue has no
objection. We, therefore, allow assessee to withdraw its appeal. Accordingly
this appeal is dismissed as withdrawn.

Order pronounced in the open court on 5th December, 2013.

                 Sd/-                                  Sd/-
            (Sanjay Arora)                        (D. Manmohan)
         Accountant Member                        Vice President

Mumbai, Dated: 5th December, 2013
                                       2                  ITA No. 170/Mum/2012
                                                        Mr. Ajitchandra J. Thakkar

Copy to:

   1.   The   Appellant
   2.   The   Respondent
   3.   The   CIT(A) ­ 24, Mumbai
   4.   The   CIT­ 13, Mumbai City
   5.   The   DR, "A" Bench, ITAT, Mumbai

                                                      By Order

//True Copy//
                                                   Assistant Registrar
                                           ITAT, Mumbai Benches, Mumbai
n.p.