NITIN JAIN,JABALPUR vs. PR. COMMISSIONER OF INCOME TAX JABALPUR-1 {JURISDICTIONAL OFFICER -ITO WARD 1(2), JABALPUR , 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) 2015-16 dated 25/03/2021.

At the very 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 (copy enclosed), it is stated, has since been passed, accepting the returned income, so that no cause of grievance survives. The ld. CIT-DR fairly did not object to the same.

Under the circumstances, we have no hesitation in, accepting the assessee’s application, dismiss its’ appeal in limine. We decide accordingly.

In the result, the assessee’s appeal is dismissed as withdrawn. Order pronounced in open Court on May 12, 2022