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Facts
The assessee filed an appeal against an order passed by the Principal Commissioner of Income Tax (PCIT) under Section 263 of the Income Tax Act, 1961 for Assessment Year 2020-21. During the hearing, the assessee's counsel submitted a letter requesting to withdraw the appeal.
Held
Accepting the request from the assessee's counsel, the Income Tax Appellate Tribunal dismissed the appeal as withdrawn.
Key Issues
Whether to allow the assessee's request to withdraw the appeal filed against an order under Section 263 of the Income Tax Act, 1961.
Sections Cited
263
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Income Tax Appellate Tribunal, “D” BENCH: KOLKATA
Before: Shri Rajesh Kumar&Shri Pradip Kumar Choubey]
ORDER / आदेश Per Pradip Kumar Choubey, JM: This is the appeal preferred by the assessee against order of Principal Commissioner of Income Tax, Kolkata-2, Kolkata (hereinafter referred to as the Ld. PCIT], passed u/s 263 of the Income Tax Act, 1961 (hereinafter referred to as the Act) dated 17.02.2025 for AY 2020-21.
At the time of hearing, a letter was placed before us from the assessee’s Counsel requesting the Bench to allow the withdrawal the appeal. Accordingly, accepting the request of the assesse, we dismiss the appeal as withdrawn.
Order is pronounced in the open court on 25th March, 2025 Sd/- Sd/- (Rajesh Kumar/राजेश कुमार) (Pradip Kumar Choubey /�द�प कुमार चौबे) Accountant Member/लेखा सद�य Judicial Member/�या�यक सद�य Dated: 25th March, 2025 SM, Sr. PS Copy of the order forwarded to: 1. Appellant- T & I Global Limited, 1, Jassal House, 4A, Auckland Square, Kolkata-700017 2. Respondent – PCIT, Kolkata-2, Kolkata 3. DR, Kolkata Benches, Kolkata (sent through e-mail)