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Income Tax Appellate Tribunal, “A” BENCH: KOLKATA
Before: Shri A. T. Varkey, JM & Dr. (Shri) Arjun Lal Saini, AM ]
This is an appeal is preferred by the assessee against the order of Learned Principal Commissioner of Income Tax-3, Kolkata ( in short, hereinafter ‘Ld. PCIT’) dated 18-07-2018 passed u/s. 263 of the Income-tax Act, 1961 ( in short, hereinafter referred as ‘Act’) in respect of assessment year 2014-15.
At the outset, ld. Counsel for the assessee, Shri S.M. Surana, Advocate, submitted that the assessee desires to withdraw the appeal since the AO while giving effect to the order of the ld. PCIT has not made any addition. Therefore, he wants to withdraw the appeal of assessee. The ld. DR does not have any objection. Therefore, we allow the assessee to withdraw the appeal.
In the result, the appeal of the assessee is dismissed.