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Facts
The assessee filed an appeal against an order passed by the PCIT under Section 263 of the Income Tax Act for Assessment Year 2017-18. Subsequently, the assessee was granted relief in a consequential order under Section 147 read with Section 263 and requested to withdraw the present appeal.
Held
The Tribunal acknowledged the assessee's request to withdraw the appeal and the Departmental Representative's no-objection. Consequently, the appeal filed by the assessee was dismissed as withdrawn.
Key Issues
Whether the appeal should be dismissed as withdrawn given that the assessee has received relief in a subsequent order and has requested withdrawal.
Sections Cited
263, 147
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, AHMEDABAD “A” BENCH, AHMEDABAD
Before: SHRI T.R. SENTHIL KUMAR & SHRI NARENDRA PRASAD SINHA
PER NARENDRA PRASAD SINHA, ACCOUNTANT MEMBER:
This appeal is filed by the Assessee against order dated 29.03.2024 passed by the PCIT, Ahamedabad-1 under Section 263 of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) for the Assessment Year 2017-18.
During the course of hearing, the Ld. AR of the assessee submitted that the assessee does not want to pursue this appeal as relief has been Assessment Year: 2017-18 Mena Mani Industries Ltd. (Earlier known as Anar Industries Ltd.) vs. PCIT Page 2 of 2 allowed to the assessee in consequential order passed under Section 147 read with Section 263 of the Act dated 13.01.2025. A request from the assessee vide e-mail communication dated 19th July, 2025, seeking permission to withdraw the present appeal, has been filed.
The Ld. Departmental Representative has no objection for withdrawal of the assessee’s appeal.
In view of the withdrawal request of the assessee, the appeal of the assessee is dismissed as withdrawn.
In the result, appeal filed by the assessee is dismissed.
Order pronounced in the open Court on this 23rd July, 2025.