AAR allowed withdrawal of appeal as ITAT ruled in favour of assessee on similar issue in another AY

INCOME TAX : Where applicant approached AAR for withdrawal of its application for advance ruling on ground that it had also filed an appeal for assessment year 2011-12 before Tribunal involving issues identical to one raised in instant application and Tribunal has disposed off said appeal in favour of applicant, it would be appropriate to permit applicant to withdraw the application

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