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Income Tax Appellate Tribunal, Hyderabad ‘ B ‘ Bench, Hyderabad
Before: Shri S.S. Godara & Shri Laxmi Prasad Sahu
Assessment Year: 2014-15 GSM Welfare Society, Vs. The Income Tax Officer, Secunderabad. Ward 10(4), Hyderabad. PAN : AABTG6169P. (Appellant) (Respondent) Assessee by: Shri S. Ramarao Revenue by: Shri Rohit Mujumdar Date of hearing: 06.01.2022 Date of pronouncement: 10.01.2022 O R D E R Per S. S. Godara, J.M. This assessee’s appeal for A.Y. 2015-16 arises from the Principal Commissioner of Income Tax, Hyderabad - 1’s order dated 24.03.2021 in ITBA/REV/F/REV5/2020-21/ 1031731783(1), involving proceedings u/s 143(3) of the Income Tax Act, 1961 [in short, ‘the Act’]. Heard both the parties. Case file perused.
Learned counsel submits at the outset that the assessee does not wish to press for the instant appeal with liberty to raise all the corresponding factual and legal pleas before the Assessing Officer in consequential proceedings. The Revenue is equally fair in not opposing the same. Ordered accordingly.
This assessee’s appeal is dismissed as withdrawn in above terms.
Order pronounced in the Open Court on 10th January, 2022.