M/S JILA SAHAKARI KENDRIYA BANK MARYADIT,BILASPUR(CG) vs. PRINCIPAL COMMISSIONER OF INCOME TAX, BILASPUR(CG)

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ITA 147/BIL/2017Status: DisposedITAT Raipur27 July 2021AY 2012-133 pages
AI SummaryWithdrawn

What did the Tribunal hold?

The tribunal considered the assessee's submission that it no longer wished to pursue the appeal. Therefore, the appeal was dismissed as withdrawn.

What were the facts?

The assessee filed an appeal against an order passed by the Principal Commissioner of Income Tax under section 263. The assessee later filed an application to withdraw the appeal.

What were the issues?

Whether the assessee's appeal against the revisionary order under section 263 should be dismissed as withdrawn.

Which sections of the Income-tax Act were involved?

Section 263

AI-generated summary — verify with the full judgment below

Income Tax Appellate Tribunal, RAIPUR BENCH, RAIPUR

Before: SHRI PRADIP KUMAR KEDIA, HONBLE & SHRI N.K. CHOUDHRY, HON’BLE

For Appellant: Shri Nikhilesh Begani, CA
For Respondent: Shri P.K. Mishra, CIT DR
Hearing: 28/07/2021

O R D E R PER N.K. CHOUDHRY, JUDICIAL MEMBER

This appeal has been preferred by the Assessee against the order dated 30/03/2017 impugned herein passed by the Ld. Principal Commissioner of Income Tax (for short, ‘ld. Commissioner), Bilaspur u/sec. 263 of the Income Tax Act, 1961 (hereinafter referred to as the "Act") for the A.Y. 2012-13.

2 (Jila Sahakari Kendriya Bank Maryadit) 2. The Assessee has filed an application for withdrawal of the appeal on the following grounds:- “

1. In respect of the aforesaid appeal preferred by the appellant herein, it is submitted that the consequential assessment order under the provisions of section 143(3) r.w.s. 263 of the Income Tax Act, 1961 was passed on 31st October, 2017 by the ld. Asst. Commissioner of Income Tax, Circle-2(1), Bilaspur. Aggrieved with the addition made therein, the appellant preferred an appeal before the ld. Commissioner of Income Tax (Appeals), Bilaspur wherein after deliberating upon the submissions along with documentary evidences, vide Appellate Order passed on 06th March, 2018, the Appeal was allowed by the Appellate Authority thereby ordering the deletion of the addition made therein.

2. In view of the aforesaid, the appellant does not wish to pursue the appeal further and hence, it is earnestly requested that the aforesaid Appeal filed by the Assessee presently pending before the Hon'ble Income Tax Appellate Tribunal, Raipur Bench may kindly be permitted to be withdrawn and oblige.”

3.

Considering the submissions of the Assessee as the Assessee does not wish to pursue the appeal further, the appeal filed by the Assessee stands dismissed as withdrawn.

4.

In the result, appeal filed by the Assessee stands dismissed as withdrawn. Order Pronounced in open Court on this 28th day of July, 2021.

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