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Facts
The assessee, CSB Bank Ltd., filed appeals before the Income Tax Appellate Tribunal for Assessment Years 2010-11 to 2012-13, with a specific appeal detailed for AY 2010-11 against a CIT(A) order. During the hearing, the assessee's counsel informed the tribunal of their intention to withdraw all present appeals.
Held
The Senior Departmental Representative raised no objection to the assessee's request for withdrawal. The Tribunal granted permission for the assessee to withdraw the appeals and subsequently dismissed all appeals as withdrawn.
Key Issues
Whether the assessee's request to withdraw its appeals filed before the Income Tax Appellate Tribunal should be permitted.
Sections Cited
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, COCHIN BENCH
Before: SHRI INTURI RAMA RAO, AM & SHRI PRAKASH CHAND YADAV, JM
O R D E R Per: Inturi Rama Rao, AM This appeal filed by the assessee is directed against the order of the National Faceless Appeal Centre, Delhi [CIT(A)], dated 01.03.2024 for Assessment Year (AY) 2010-11.
At the outset the learned counsel for the assessee informed that assessee intends to withdraw the present appeals. The learned Sr. DR did not raise any serious objection to the learned A.R.’s request. Accordingly, we permit the assessee to withdraw the appeal.
Order pronounced in the open court on 4th February, 2025.