2016 (11) TMI 1455 - HC - Income Tax

Re-assessment proceedings - Held that - After some hearing, learned counsel seeks liberty to withdraw the petition. It is stated that the grounds urged in this proceedings should be permitted to be urged on the merits in the re-assessment proceedings. Liberty granted.

Summary

The Delhi High Court granted the appellant liberty to withdraw the petition, allowing the grounds to be raised in re-assessment proceedings. The petition was dismissed as withdrawn. (Citation: 2016 (11) TMI 1455 - DELHI HIGH COURT)