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Income Tax Appellate Tribunal, DELHI ‘C BENCH,
Before: SHRI N.K. BILLAIYA, & SHRI KULDIP SINGH
PER N.K. BILLAIYA, ACCOUNTANT MEMBER,
This appeal by the assessee is preferred against the order of the Principal Commissioner of Income Tax [Appeals], Meerut dated 08.12.2016 pertaining to assessment year 2012-13.
Vide application dated 27.01.2020, the assessee through ld. counsel for the assessee has contended that order u/s 263 of the I.T.
Act was passed by the CIT, Meerut in which the assessment was set aside to the Assessing Officer. The Assessing Officer assessed the income and reduced the demand to NIL. In view of the above, the ld. counsel for the assessee prayed for withdrawal of the appeal.
The ld. DR raised no objection.
On such concession, the appeal of the assessee is dismissed as withdrawn.
In the result, the appeal of the assessee in is dismissed as withdrawn.
The order is pronounced in the open court on 03.02.2020.