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Income Tax Appellate Tribunal, “B” BENCH: KOLKATA
Before: Hon’ble Shri J.Sudhakar Reddy, AM & Hon’ble Shri A. T. Varkey, JM
ORDER Shri A. T. Varkey, JM This is an appeal preferred by the assessee against the order of Ld. Pr. CIT, Kolkata- 4, Kolkata dated 01-03-2019 for the assessment year 2012-13 passed u/s. 263 of the Income-tax Act, 1961 (hereinafter referred to as the ‘Act’).
At the outset, it has been brought to our notice by Shri Pratyush Jhunjhunwala, Advocate, Learned Authorized Representative ( in short, the Ld. AR) that the assessee at present is not aggrieved by the re-assessment order passed by the AO while giving effect to the impugned order of the Ld. Pr. CIT passed by u/s. 263 of the Act. Therefore, he wishes to withdraw this appeal filed by the assessee
Per contra, Shri Imokaba Jamir, Ld CIT, Learned Departmental Representative ( in short, the Ld. DR) does not have any objection in respect of the proposal of assessee to withdraw the appeal. In the light of the aforesaid discussions, we allow the assessee’s request for withdrawing the above mentioned appeal.
In the result, the appeal of assessee is dismissed as withdrawn.
Order is pronounced in the open court on 2nd September 2020.