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Income Tax Appellate Tribunal, PUNE BENCH “B”, PUNE – VIRTUAL COURT
Before: SHRI R.S. SYAL & SHRI PARTHA SARATHI CHAUDHURY
This appeal preferred by the assessee emanates from the order of the Ld. Pr.CIT-2, Aurangabad, dated 20.03.2019.
Before us, the assessee has filed a letter dated 13-07-2020, seeking withdrawal of the appeal. The relevant contents of such withdrawal letter, read as under :
“Appellant has filed an appeal on 08/05/2019 against order dated 20/03/2019, passed by learned PCIT-1, Aurangabad u/s 263 of ITA, 1961. Direction of the learned PCIT-1 is as follows,
“AO is directed that the assessment order should be reframed as per the provisions of the law, after considering proper facts and submissions of the assessee and also for necessary verification in the light of the observations made in 263 order, after affording proper opportunity to the assessee within the time allowed under ITA, 1961.” After considering the appellants submissions, the learned AO on 25/12/2019 passed assessment order u/s 143(3) r.w.s. 263 of ITA, 1961 by accepting the assessed income. Since, assessed income is not disturbed, appellant wishes to withdraw the appeal filed before Hon’ble Pune ITAT. Prayer – Considering the above, appellant request your goodself to kindly allow appellant to withdraw the appeal and oblige.”
On perusal of the above letter and having no objection from the side of ld. DR, we allow the request of the assessee to withdraw the appeal.
In the result, the appeal of the assessee is dismissed as „withdrawn‟.
Order pronounced in the open Court on 16th July, 2020.