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2014 (9) TMI 209 - PUNJAB & HARYANA HIGH COURTWithdrawal of appeal – matter attained finality - Charge of interest u/s 234B already deleted in quantum appeal - Held that:- Revenue has produced copy of the communication No.CIT/PTA/Judl/2014-15/2240 dated 29.08.2014 which states that during the course of the preparation of reply to be filed in response to the above mentioned C.M. filed by the assessee, it has come to light that the quantum addition in respect of which interest u/s 234B was charged has already been deleted and the matter of quantum addition has attained finality - the issue of charging of interest u/s 234B is consequential to the quantum addition, and not required to be followed up – the withdrawal application accepted – Decided in favour of revenue.
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