Facts
The assessee company filed appeals against the orders of the CIT(A) which had dismissed their appeals against assessment orders passed under section 143(3) r.w.s. 153A and 143(3) of the Income Tax Act. The appeals were for Assessment Years 2015-16 and 2016-17.
Held
The assessee, through their counsel, submitted a memo stating they did not wish to pursue the appeals. Consequently, the tribunal treated the appeals as withdrawn.
Key Issues
Whether the assessee's appeals against the assessment orders were to be pursued or withdrawn.
Sections Cited
143(3), 153A
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, ‘A’ BENCH: BANGALORE
Before: SHRI PRASHANT MAHARISHI, VICE – & SHRI KESHAV DUBEY
2399/Bang/2025 for Assessment Year 2015-16 and 2016-17 filed by M/s. Kemwell Biopharma Private Limited against the Appellate Order passed by the Commissioner of Income Tax (Appeals) – 15, Bengaluru (the Ld. CIT(A)) dated 26.08.2025 wherein the Appeal filed by the Assessee for Assessment Year 2015-16 against Assessment Order passed u/s. 143(3) r.w.s. 153A of the Act passed by Assistant Commissioner of Income Tax, Central Circle – 2(3), Bengaluru (the Ld. Assessing Officer) on 12.12.2017 and for Assessment Year 2016-17 u/s. 143(3) of the Act dated 12.12.2017 passed by the Ld. Assessing Officer were dismissed.
ITA Nos. 2398-2399/Bang/2025
When the Appeals were called for hearing, the Assessee submitted a memo dated 06.03.2016 wherein the Counsel of the Assessee submitted a letter stating that the Assessee does not want to pursue the above Appeals. Hence, same may be treated as withdrawn.
In view of the above facts, both the Appeals filed by the Assessee are treated as withdrawn and hence dismissed.
Order pronounced in the open court on 30th March, 2026.