RIYA AND COMPANY,AHMEDABAD vs. THE PR. CIT (CENTRAL), AHMEDABAD

This appeal filed by the assessee is directed against the order of the learned Principal Commissioner of Income-tax (Central), Ahmedabad [“PCIT” in short] dated 31.03.2022 passed under Section 263 of the Income- tax Act, 1961 [“the Act” in short].

At the time of hearing fixed in this case today, i.e. on 29.07.2022, it is noticed that the assessee has filed a letter dated 14th July, 2022 seeking permission to withdraw the appeal on the ground that the consequential assessment proceedings under Section 143(3) r.w.s. 263 of the Act were dropped by the concerned Assessing Officer. The assessee, therefore, pleaded that the appeal filed by it may be dismissed as withdrawn. The Riya And Company Vs. Pr. CIT AY : 2017-18 2 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we allow the withdrawal of the appeal filed by the assessee; and, accordingly appeal of the assessee is dismissed as withdrawn.

In the result, the appeal of the assessee is dismissed as withdrawn.