ASIS GLOBAL LTD,MUMBAI vs. DCIT CIR 6(1), MUMBAI

This appeal in A.Y.2011-12 arises out of the order by the ld. Commissioner of Income Tax (Appeals)-12, Mumbai in appeal No.CIT(A)-12/DCIT-6(1)(2)/66/15-16 dated 01/11/2016 (ld. CIT(A) in short) against the order of assessment passed u/s.143(3) of the Income Tax Act, 1961 (hereinafter referred to as Act) dated 28/03/2014 by the ld .Dy. Commissioner of Income Tax, Circle 6(1), Mumbai (hereinafter referred to as ld. AO).

Shri Asis Narayan, an Insolvency Professional who has been appointed as Liquidator vide order dated 18/03/2021 passed by the Hon’ble National Company Law Tribunal, Mumbai (NCLT) u/s.33 of Insolvency and Bankruptcy code, 2016 (IBC) filed a letter dated 12/10/2021 stating that the assessee company is under the process of liquidation and accordingly, prayed for withdrawal of the appeal. The letter dated 12/10/2021 is reproduced hereinbelow:-

In view of the above, the appeal of the assessee is hereby dismissed as withdrawn.

In the result, appeal of the assessee is dismissed as withdrawn.