Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, “B” BENCH, PUNE
Before: SHRI INTURI RAMA RAO, AM & SHRI S. S. VISWANETHRA RAVI, JM
ORDER This is an appeal filed by the assessee directed against the order of ld. Pr. Commissioner of Income Tax-2, Kolhapur (‘PCIT’) passed u/s 263(1) of the Income Tax Act, 1961 (‘the Act’) dated 28.03.2018 for the assessment year 2010-11.
When the matter had come up for hearing today, none appeared on behalf of the assessee. However, vide letter dated 07.11.2020, the assessee submitted that the issue in this appeal stands resolved in the consequential order to the order u/s 263 of the Act. Hence, the appeal had become infructuous. Accordingly, the appellant sought permission of the Tribunal to withdraw the appeal.