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Income Tax Appellate Tribunal, ‘A’ BENCH, CHENNAI
Before: SHRI V. DURGA RAO & SHRI G. MANJUNATHA
This appeal filed by the assessee is directed against order of the learned Principal Commissioner of Income Tax-1, Chennai dated 20.05.2020 passed u/s.263 of the Income Tax Act, 1961, and pertains to assessment year 2015-16.
The learned counsel for the assessee, at the time of hearing, filed a petition dated Nil stating that the assessee has instructed him to withdraw the appeal and therefore, prayed that assessee may be permitted to withdraw its appeal and same may be dismissed as withdrawn.
The learned DR for the Revenue has no objection to withdraw the appeal.
In view of the above reasons, we dismiss the appeal filed by the assessee as withdrawn.