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Income Tax Appellate Tribunal, IN THE INCOME TAX APPELLATE TRIBUNAL,
Before: MANISH AGARWAL
O R D E R Per Bench This is an appeal filed by the assessee against the ord This is an appeal filed by the assessee against the ord This is an appeal filed by the assessee against the order of the ld Pr. CIT, Bhubaneswar CIT, Bhubaneswar-1 passed u/s. 263 of the Act dated dated 14.1.2022 in Revision No.PCIT, Bhubaneswar PCIT, Bhubaneswar-1/Revision-63/100000257488/2021 63/100000257488/2021 for the assessment year the assessment year 2017-18.
S/Shri Narahari Swain, Himanshu Jena and P.K.Mishra, Advs S/Shri Narahari Swain, Himanshu Jena and P.K.Mishra, Advs S/Shri Narahari Swain, Himanshu Jena and P.K.Mishra, Advs ld AR appeared for the assessee and Shri appeared for the assessee and Shri Ld Sr. DR appeared for the revenue. Ld Sr. DR appeared for the revenue.
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Vide petition dated 17.4.2024, ld ARs have sought to withdraw the appeal filed before the Tribunal stating the reason that during the pendency of appeal, the Assessing Officer, NFAC has passed the consequential assessment order u/s.143(3) r.w.s 263 r.w.s 144B of the Act dated 8.3.2023, therefore, the impugned appeal filed before the Tribunal has become infructuous. Ld Sr DR did not have any objection to the withdrawal of the appeal. In view of above, we permit the assessee to withdraw the appeal.
In the result, appeal of the assessee stands dismissed as withdrawn.
Order dictated and pronounced in the open court on 17/04/2024.