IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES A : HYDERABAD BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI B. RAMAKOTAIAH, ACCOUNTANT MEMBER ITA.NO.719/HYD/2012 ASSESSMENT YEAR 2007-2008 PREDICT TECHNOLOGIES (INDIA) P. LTD., HYDERABAD. PAN AABCP4294K VS. DCIT, CIRCLE-16(3) HYDERABAD. (APPL IC ANT) (RESPONDENT) FOR ASSESSEE : MR. K.A. SAIPRASAD FOR REVENUE : MR. M. SITARAM DATE OF HEARING : 2 9 .0 2 .2016 DATE OF PRONOUNCEMENT : 29 .0 2 .2016 ORDER PER SMT. P. MADHAVI DEVI, J.M. THIS IS ASSESSEES APPEAL AGAINST THE ORDER OF THE LD. CIT-IV, HYDERABAD DATED 05.03.2012 PASSED UNDER SECTION 263 OF THE I.T. ACT, 1961. AT THE TIM E OF HEARING, LD. COUNSEL FOR THE ASSESSEE, SUBMITTED TH AT ASSESSEE DOES NOT WISH TO PURSUE ITS APPEAL. THEREF ORE, THIS APPEAL IS DISMISSED AS WITHDRAWN. 2. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 29.02.2016. SD/- SD/- (B. RAMAKOTAIAH) (SMT. P. MADHAVI DEVI) ACCOUNTANT MEMBER JUDICIAL MEMBER HYDERABAD, DATED 29 TH FEBRUARY, 2016 VBP/- 2 ITA.NO.719/H/2012 PREDICT TECHNOLOGIES (INDIA) P. LTD., HYDERABAD. COPY TO 1. PREDICT TECHNOLOGIES (INDIA) P. LTD., HYDERABAD. C/O. MR. PRATURI & SRIRAM, FLAT NO.202, SAPTAGIRI RESIDENCY, 1-10-98/A, CHIKOTI GARDENS, BEGUMPET, HYDERABAD 500 016. 2. THE DCIT, CIRCLE - 16( 3 ), HYDERABAD. 3. CIT - I V , HYDERABAD. 4. ADDL. CIT , RANGE - 16 , HYDERABAD. 4. D.R. ITAT A BENCH, HYDERABAD 5. GUARD FILE