TANMAN INVESTMENT SERVICE PVT.LTD.,JABALPUR vs. PR.CIT-1, JABALPUR

This is an Appeal by the Assessee directed against the Order under section 263 of the Income Tax Act, 1961 (‘the Act’, hereinafter) in the assessee’s case for the Assessment Year (AY) 2016-17, dated 17/03/2021.

At the outset, it was observed by the Bench that the assessee has, through his counsel, made a written request for permission to withdraw the appeal. The order pursuant to the sec. 263 order, it is stated, has since been passed. The assessee is agreeable to the adjustments made in assessment, and does not wish to litigate the same. The ld. CIT-DR fairly did not object to the said request by the assessee. 1 | P a g e

Under the circumstances, we accordingly have no hesitation in, accepting the assessee’s plea, direct the withdrawal of its’ appeal. We decide accordingly.

In the result, the assessee’s appeal is dismissed in limine. Order pronounced in open Court on May 12, 2022 Sd/- Sd/- (Manomohan Das) (Sanjay Arora) Judicial Member Accountant Member Dated: 12/05/2022 vr/- Copy to: