PRABHAKARAN MANGAT,KERALA vs. THE PR. CIT-3, AHMEDABAD

This appeal filed by the assessee is directed against the order of the learned Principal Commissioner of Income-tax, Ahmedabad-3 (“PCIT” in short) dated 31.03.2021 passed under Section 263 of the Income-tax Act, 1961 (“the Act” in short).

At the time of hearing fixed in this case on 07.07.2022, it is noticed that the learned Counsel for the assessee has filed a letter dated 6th July, 2022 seeking permission to withdraw the appeal on the ground that the assessee has already been granted relief, vide an assessment order dated 30.03.2022 passed by the Assessing Officer under Section 263 r.w.s. 143(3) of the Act, on the issue taken by the PCIT under the revisional proceedings. The Prabhakaran Mangat Vs. PCIT AY : 2015-16 2 assessee, therefore, pleaded that the appeal filed by the assessee may be dismissed as withdrawn. The learned Departmental Representative has no objection to the withdrawal of the appeal filed by the assessee. In view of these facts, we allow the withdrawal of the appeal filed by the assessee; and, accordingly appeal of the assessee is dismissed as withdrawn.

In the result, the appeal of the assessee is dismissed as withdrawn.