|               IN THE INCOME TAX APPELLATE TRIBUNAL
              CHANDIGARH BENCHES `B' CHANDIGARH
           BEFORE SHRI H.L.KARWA, HON'BLE, VICE PRESIDENT
            AND SHRI MEHAR SINGH, ACCOUNTANT MEMBER
                            ITA No. 1006/Chd/2011
                           Assessment Year: 2004-05
M/s King Exports,                    Vs     The ACIT, Circle-1,
Ludhiana                                    Ludhiana
PAN No. AADFK3575F
(Appellant)                                        (Respondent)
                    Appellant By            : Shri Ashok Kumar Juneja
                    Respondent By           : Smt. Jaishree Sharma
                    Date of hearing       : 05.06.2012
                    Date of Pronouncement : 05.06.2012
                                    ORDER
PER H.L.KARWA, VP
      This appeal filed by the assessee is directed against the order of
CIT(A)-I, Ludhiana dated 8.9.2011 relating to assessment year 2004-05.
2.    Shri Ashok Kumar Juneja, Advocate, Ld. counsel for the assessee vide
his application dated 5.6.2012 stated as under:-
                                                         "05.06.2012
      To
              The Hon'ble,
              ITAT Chandigarh
      Sub:-          In the matter of Kings Export Ludhiana / AY 2004-
                    05/ACIT (Circle-I) Ludhiana /1006-Chandigarh- 2011
                                                                           2
      Sir,
      It is submitted that Hon'ble HC of Pb        & Haryana in ITA
      No.306/2011 for AY 2004-05 has allowed substantial relief to
      assessee u/s 80HHC stating that the issue regarding deduction u/s
      80 HHC may be remanded to AO with direction to decide the case
      as per Topman Exports v CIT (Mumbai) (2012) 67 DTR (SC) 185.
      In view of above I may be permitted to withdraw the appeal No.
      1006/Chd/2011. The other issue raised in the appeal may be
      treated as not pressed.
      Thanking you,
      Yours faithfully,
      Sd/-
      (Ashok Kumar Juneja), Advocate
      Counsel
      Kings Export"
3.    In view of the above Application, we grant permission to the assessee
to withdraw the above appeal.
4.    In the result, appeal is dismissed.
      Order Pronounced in the Open Court on this 5 t h day of June, 2012
             Sd/-                                       Sd/-
   (MEHAR SINGH)                                    (H.L.KARWA)
ACCOUNTANT MEMBER                                 VI CE PRESIDENT
Dated : 5 t h June, 2012
Rkk
Copy to:
  1.       The Appellant
  2.       The Respondent
  3.       The CIT
  4.       The CIT(A)
  5.       The DR
                          True Copy
                                                 By Order
                                             Assistant Registrar
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