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AICON GALLERY NEW DELHI PRIVATE LIMITED,NEW DELHI vs. PCIT, DELHI-1

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ITA 2001/DEL/2021[2016-17]Status: DisposedITAT Delhi28 May 20253 pages

ITA No.2001/Del/2021

IN THE INCOME TAX APPELLATE TRIBUNAL
DELHI BENCH “A” NEW DELHI

BEFORE SHRI CHALLA NAGENDRA PRASAD, JUDICIAL MEMBER
AND SHRI S RIFAUR RAHMAN, ACCOUNTANT MEMBER
िनधारणवष/Assessment Year: 2016-17

AICON GALLERY NEW DELHI PRIVATE
LIMITED,
40/212, CHITARANJAN PARK,
NEW DELHI.
बनाम
Vs.
PCIT,
Delhi-1,
C R Building, I.P. Estate,
New Delhi.
PAN No.AAHCA3579N
अपीलाथ Appellant
यथ/Respondent

Assessee by Shri Tarandeep Singh, FCA &
Shri Sandeep Yadav, Adv.
Revenue by Shri Jitender Singh, CIT DR

सुनवाईकतारीख/ Date of hearing:
28.05.2025
उोषणाकतारीख/Pronouncement on 28.05.2025

आदेश /O R D E R

PER C.N. PRASAD, J.M.

This appeal is filed by the assessee against the order of the Ld.
PCIT, Delhi-1 dated 22.03.2021 for the AY 2016-17 passed u/s 263 of the Act holding that the assessment order passed u/s 143(3) dated
20.12.2018 as erroneous and prejudicial to the interest of the Revenue.
2

2.

Ld. Counsel for the assessee filed a letter stating that he has instructed not to press the appeal and prayed that the appeal be dismissed as not pressed. The letter is as under: - “BEFORE THE HON’BLE INCOME TAX APPELLATE TRIBUNAL, NEW DELHI (HON’BLE “A” BENCH) IN THE MATTER OF : AICON GALLERY NEW DELHI PRIVATE LIMITED ITA NO.

:
2001/Del/2021
ASSESSMENT YEAR
:
2016-17
MAY IT PLEASE YOUR HONOURS
Captioned appeal is next fixed for hearing before your honors on 28th May, 2025. In this regard the undersigned is instructed to not press the appeal. It is accordingly prayed that the captioned appeal may kindly be dismissed as NOT PRESSED.
Prayed accordingly.

Yours truly, (Tarandeep Singh)
Enclosure: Copy of order dated 31.03.2022 passed by AO u/s 143(3)/263 of the Act.”

3.

Ld. DR has no objection in assessee withdrawing the appeal. 4. Heard rival submissions. In view of the letter of the Ld. Counsel this appeal is dismissed as not pressed. 3

5.

In the result, appeal of the assessee is dismissed as not pressed. Order pronounced in the open court on 28/05/2025 (S RIFAUR RAHMAN) JUDICIAL MEMBER Dated: 28.05.2025 *Kavita Arora, Sr. P.S.

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