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Income Tax Appellate Tribunal, MUMBAI BENCH “H”, MUMBAI
ORDER PER GAGAN GOYAL, A.M: This is an appeal preferred by the assessee-trust against the action of National Faceless Appeals Centre (NFAC), Delhi. [hereinafter referred to as ‘the CIT(A)’] dated 15.03.2021 for the Assessment Year (AY) 2016-17. 2. At the outset, it has been brought to our notice that vide letter dated 12.04.2022, the assessee has preferred to withdraw the appeal since the result of the appeal will have no tax consequences.
The ld. DR does not have any objection, hence, we allow the assessee to withdraw its appeal.
Order pronounced in the open court on 25thday of April, 2022.