PETLA JAGANNADH,HYDERABAD vs ASST. COMMISSIONER OF INCOME TAX, CIRCLE-14(1), HYDERABAD

Income Tax Appellate Tribunal, Hyderabad ‘ B ‘ Bench, Hyderabad

Before: Shri S.S. Godara & Shri Laxmi Prasad Sahu

For Appellant: Shri A. Srinivas

For Respondent: Shri Rohit Majumdar

Hearing: 03.01.2022Pronounced: 05.01.2022

Assessment Year: 2007-08 Shri Petla Jagannadh, Vs. The Asst.Commissioner of Hyderabad. Income Tax, Circle – 14(1), PAN : AEKPP2273E. Hyderabad. (Appellant) (Respondent) Assessee by: Shri A. Srinivas. Revenue by: Shri Rohit Majumdar Date of hearing: 03.01.2022 Date of pronouncement: 05.01.2022 O R D E R Per S. S. Godara, J.M. This assessee’s appeal for A.Y. 2007-08 arises from the Commissioner of Income Tax (Appeals) - 6, Hyderabad’s order dated 17.01.2018 in involving proceedings u/s. 143 r.w.s. 254 of the Income Tax Act, 1961 [in short, ‘the Act’]. Heard both parties. Case file perused.

Learned authorized representative submits at the outset that the assessee no more wishes to press for the instant appeal as the Assessing Officer has already granted him the necessary relief in consequential proceedings. The Revenue is fair enough in not contesting the assessee’s averments. We thus accept the assessee’s prayer to withdraw the instant appeal.

This assessee’s appeal is dismissed as withdrawn in above terms.

Order pronounced in the Open Court on 5th January, 2022.

PETLA JAGANNADH,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-14(1), HYDERABAD