Loading judgment…
Facts
The Assessee filed an appeal against an order passed by the Principal Commissioner of Income Tax, Vadodara-1, arising out of an assessment order. The assessment was made under Section 147 read with Section 144 of the Income Tax Act, 1961, for the Assessment Year 2013-14.
Held
The tribunal accepted the assessee's request to withdraw the appeal. The Revenue did not object to the withdrawal application. Consequently, the appeal was dismissed as withdrawn.
Key Issues
Whether the assessee is permitted to withdraw their appeal before the tribunal, and if the revenue's non-objection necessitates acceptance of such withdrawal.
Sections Cited
147, 144
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, AHMEDABAD “C” BENCH
Before: Shri Sanjay Garg & Shri Makarand V. Mahadeokar
आदेश/ORDER
Per Sanjay Garg, Judicial Member:
The present appeal has been filed by the Assessee against the order passed by the Learned Principal Commissioner of Income Tax, Vadodara-1, (hereinafter referred to as “PCIT”) dated 29.02.2024 arising out of the assessment order passed u/s.147 r.w.s 144 of the Income Tax Act, 1961 (here- in-after referred to as “the Act”) relevant to the Assessment Year 2013-14.
At the time of hearing, ld. counsel for the assessee has requested to withdraw the appeal filed vide letter dated 15th March, 2025.
The Revenue is fair enough in not objecting assessee’s withdrawal application. In view of the above, we therefore accept assessee’s request for withdrawing the appeal filed.
In the result, the appeal of the assessee is dismissed as withdrawn.
Order pronounced in the open court on 26-03-2025 Sd/- Sd/- (Makarand V. Mahadeokar) (Sanjay Garg) Accountant Member Judicial Member Ahmedabad : Dated 26/03/2025 आदेश क� ��त�ल�प अ�े�षत / Copy of Order Forwarded to:- 1. Assessee 2. Revenue 3. Concerned CIT 4. CIT (A) 5. DR, ITAT, Ahmedabad 6. Guard file. By order/आदेश से,
उप/सहायक पंजीकार आयकर अपील�य अ�धकरण, अहमदाबाद