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Income Tax Appellate Tribunal, PUNE BENCH “B”, PUNE
Before: SHRI R.S. SYAL & SHRI PARTHA SARATHI CHAUDHURY
आदेश / ORDER PER R.S. SYAL, VP :
This appeal by the assessee is directed against the order dated 12-03-2021 passed by the Pr.CIT, Nashik-1 in relation to the assessment year 2016-17.
Before us, the AR of the assessee has filed a letter dated 19-04-2022 seeking permission to withdraw the appeal. The relevant contents of such letter reads as under : “With reference to above, the hearing is fixed on 20th April, for A.Y. 2016-17. The assessee has filed appeal before honorable ITAT against the order of PCIT passed u/s.263 of the Act. On 29th April, 2022 meantime The Jurisdictional Assessing Officer after verifying the facts with the evidence as point out by Pr. CIT in the order u/s.263 of the Act completed the assessment, the copy of order is enclosed.
On behalf of our client we are requesting to honorable bench to allow to withdraw the appeal. The company wants quiets the matter to avoid the further litigation. Please do the needful and oblige.”
On perusal of the above letter and having no objection from the side of ld. DR, we allow the request of assessee to withdraw the appeal.
In the result, the appeal is dismissed as ‘withdrawn’. Order pronounced in the Open Court on 20th April, 2022.