ORIO SANGHAI COLOURS PVT.LTD.,AHMEDABAD vs. THE PR. CIT-3 , AHMEDABAD

This is an appeal filed by the assessee against the order of the ld. Pr. Commissioner of Income Tax PCIT-3, Ahmedabad in DIN & Order No. ITBA/REV/F/REV5/2020-21/1032122894(1) vide order dated 31/03/2021 passed for the assessment year 2015-16.

The assessee has filed an application dated 06-05-2022 requesting to grant leave to withdraw the appeal filed. The assessee had filed appeal against order u/s. 263 by Pr. CIT-3, Ahmedabad. Subsequently, vide order dated 30-03-2022 passed by Assessing Officer, National Faceless Assessment Centre, Delhi, he accepted the assessee’s contentions and dropped all additions proposed vide order u/s. 263 of the Act passed by PCIT-3, Ahmedabad. Accordingly, since the grievance against order u/s. 263 of the Act no more survives, the assessee has requested to grant leave to withdraw the appeal filed. The Departmental Representative has not objected to assessee’s request for withdrawal of the appeal. Accordingly, the appeal is dismissed as withdrawn.

In the result, the assessee’s appeal is dismissed as withdrawn.