, , IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCH B , CHANDIGARH , !' # $ % &' , BEFORE: SHRI SANJAY GARG, JUDICIAL MEMBER AND SMT.ANNAPURNA GUPTA, ACCOUNTANT MEMBER ./ ITA NO.721/CHD/2018 / ASSESSMENT YEAR : 2004-05 SH.PAWAN BANSAL, # 217,, SECTOR 7, PANCHKULA. THE A.C.I.T, CENTRAL CIRCLE, PATIALA. ./ PAN NO.AAMPB5747P / APPELLANT / RESPONDENT /ASSESSEE BY : SHRI TEJ MOHAN, ADV. ! / REVENUE BY : SHRI MANJIT SINGH, CIT.DR ' # $ /DATE OF HEARING : 09.05.2019 %&'( $ /DATE OF PRONOUNCEMENT: 09.05.2019 /ORDER PER ANNAPURNA GUPTA, ACCOUNTANT MEMBER: THE PRESENT APPEAL HAS BEEN FILED BY THE ASSESSEE AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS)-5, LUDHIANA [(IN SHORT CIT(A)] DATED 14 .9.2017 UPHOLDING THE PENALTY LEVIED U/S 271(1)(C) OF THE I NCOME TAX ACT, 1961 (HEREINAFTER REFERRED TO AS ACT). ITA NO.721/CHD/2018 A.Y.2004-05 2 2. DURING THE COURSE OF HEARING OF THE APPEAL, THE ASSESSEE FILED AN APPLICATION DATED 17.4.2019, SEEK ING PERMISSION TO WITHDRAW THE APPEAL, STATING THAT HE IS NOT INTERESTED IN PURSUING THE SAME. 3. THE LEARNED D.R. DID NOT HAVE ANY OBJECTION TO T HE WITHDRAWAL OF THE APPEAL. 4. IN VIEW OF THE SUBMISSIONS MADE BY THE ASSESSEE, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED AS WITHDR AWN. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- # $ % &' (SANJAY GARG ) (ANNAPURNA GUPTA) / JUDICIAL MEMBER ( / ACCOUNTANT MEMBER *# /DATED: 9 TH MAY, 2019 * ' * &) *+ ,+ / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT 3. ' - / CIT 4. ' - ( )/ THE CIT(A) 5. +./ 0 , $ 0 , 123/4 / DR, ITAT, CHANDIGARH 6. /3 5# / GUARD FILE &) ' / BY ORDER, ! / ASSISTANT REGISTRAR