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Income Tax Appellate Tribunal, AGRA BENCH, ‘DB’: AGRA
Before: SHRI SHAMIM YAHYA & SHRI ANUBHAV SHARMA
ORDER PER SHAMIM YAHYA, AM,
This appeal by the assessee is against the order of the Ld. CIT-1, Agra, passed u/s 263 of the Act dated 31.03.2023 and pertains to Assessment Year 2017-18.
At the outset, in this case, the ld. Counsel for the assessee submitted that this appeal was filed by the assessee against the order u/s 263 of the Act passed by the Ld. Pr. Commissioner of Income Tax. He also submitted that in the proceedings conducted by the Ld. Assessing Officer and the consequent order passed by him u/s 143(3) r.w.s. 263, no adverse inference has been drawn by the Ld. Assessing Officer. Hence, the assessee wants to withdraw the present appeal filed against the revisionary order passed u/s 263 of the Act. In this regard, an application of withdrawal dated 30.06.2023 is also available on record.
Upon careful consideration, noting that the Revenue does not have any objection, we permit the withdrawal of the appeal. Hence, the appeal of the assessee is dismissed as withdrawn.
In the result, the appeal of the assessee is dismissed.
Order pronounced in the open court on 28.08.2023.