M/S LAXMAN SHARMA,PATNA vs. C.I.T. -3,

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ITA 28/PAT/2016Status: DisposedITAT Patna08 March 2018AY 2011-123 pages

In favour of the Revenue: the assessee's appeal was dismissed. From the AI summary of this appeal.

AI SummaryDismissed

What did the Tribunal hold?

The Tribunal allowed the assessee's application for withdrawal of the appeal. The Departmental Representative raised no objection to this application.

What were the facts?

The assessee filed an appeal against an order passed by the CIT(Appeals) under section 143(3) of the Income Tax Act. During the hearing, the assessee's counsel filed an application to withdraw the appeal.

What were the issues?

The primary issue was whether the assessee should be allowed to withdraw its appeal before the Tribunal.

Which sections of the Income-tax Act were involved?

Section 143(3),Section 263

AI-generated summary — verify with the full judgment below

IN THE INCOME TAX APPELLATE TRIBUNAL PATNA BENCH, PATNA BEFORE SHRI N.K. SAINI (Accountant Member) & SHRI AMIT SHUKLA (Judicial Member) ITA No.28 /Pat/2016 Assessment year: 2011-12 M/s Laxman Sharma, Budhha Vs. Colony, East Boring Canal Road,Patna: PAN GIR No_ AACFL2753K (Appellant) CIT-2, Patna: Respondent) Department by: Shri Rishi Raj Sinha, Sr.SC. Assessee by: Shri K M.Mishra, Adv. Date of hearing: Date of Pronouncement: 08/03/2018 08/03/2018 ORDER PER AMIT SHUKLA JM: The aforesaid appeal has been filed by the assessee against impugned order dated 14.03.2016, passed by Ld. CIT (Appeals)-2 , Patna for the quantum of assessment passed u/s 143(3) of the Income Tax Act, for the assessment year 2011-12. 2 During the course of hearing the Ld. Counsel for the assessee filed an application for withdrawal of appeal which reads as under: 2 ITA No.-28/Pat/2016 "Humble petition on behalf of appellant above named 1. That, this application is filed for withdrawal of appeal vide no-Income Tax Act 28/ Pat/ 2016 as the appeal has been filed against the order of CIT-II, Patna u/ s263 of the Act 2 That; pursuant to the order u/ s 263, the consequential order has been passed by assessing officer: Your honour is hence requested to kindly allow the appellant to withdraw appeal. 3 No objection has been raised by the Ld. Departmental Representative against the application of the appellant for withdrawal of its appeal filed before the Tribunal: The application is thus allowed Consequently appeal of the assessee is dismissed as withdrawn_ 4 In the result, the appeal filed by the assessee is dismissed as withdrawn. Order is pronounced in the open court on 8th, March, 2018_ / - / - (N.K Saini) Accountant Member (Amit Shukla) Judicial Member Date of order: O8th March, 2018. S.Sinha Copy of_the Order forwarded to: 3 ITA No.-28/Pat/2016 1 The Appellant: 2 The Respondent:: 3 The CIT(A)-Patna 4_ CIT Patna 5_ Income Tax Appellate Tribunal,Patna 6 Guard file_ I // / BY ORDER PRIVATE SECRETARY

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