Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, “B” BENCH: KOLKATA
Before: Shri Sanjay Garg & Shri Rajesh Kumar]
ORDER Per Shri Rajesh Kumar, AM:
The present appeal has been preferred by the assessee against the order of the Ld. Principal Commissioner of Income Tax (Appeals)-2, Kolkata [hereinafter referred to as ‘Ld. PCIT’] passed u/s 263 of the Income Tax Act, 1961 (hereinafter referred to as the Act) dated 18.03.2021 for AY 2016 -17.
At the outset, the Counsel of the assessee placed an application before the Bench requesting for the withdrawal of the instant appeal in the light of decision of Hon’ble Calcutta High Court decision on the writ petition filed by the assessee against the ex-parte effect order passed u/s 144 r.w.s 263 of the Act restoring the matter to the file of the jurisdictional AO to decide the same after giving opportunity to the assessee. Now the assessee prays for the permission of the Bench to withdraw the appeal. As the ld. CIT-DR has not objected to the same, the appeal of the appellant is, therefore, dismissed as withdrawn.
Assessment Year: 2016-17 Jayshree Chemicals Ltd 3. In the result, the appeal of the assessee stands dismissed as withdrawn.
Order is pronounced in the open court on 26th July, 2022