BHAWANIPATNA CENTRAL CO-OPERATIVE BANK LTD.,MAHAVIRPADA, BHAWANIPATNA vs. PR.C.I.T, SAMBALPUR
Facts
The appeal arose from an order under Section 263 of the Income Tax Act, 1961, passed by the Principal Commissioner of Income Tax. The assessee subsequently filed a petition requesting the withdrawal of the appeal.
Held
The Tribunal considered the assessee's request for withdrawal of the appeal.
Key Issues
Whether the appeal can be withdrawn by the assessee.
Sections Cited
263
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, “CUTTACK BENCH”,
IN THE INCOME TAX APPELLATE TRIBUNAL “CUTTACK BENCH”, CUTTACK (VIRTUAL HEARING AT KOLKATA)
SHRI DUVVURU RL REDDY, VICE PRESIDENT SHRI SANJAY AWASTHI, ACCOUNTANT MEMBER I.T.A. No.333/CTK/2023 (Assessment Year 2018-19)
Bhawanipatna Central Co-operative Bank Ltd., At- Mahavirpada, Bhawanipatna, Dist- Kalahandi [PAN: AAAAT3481F] ..............…...…………….... Appellant vs. Pr. Commissioner of Income Tax, Sambalpur ..................................... Respondent
Appearances by: Assessee represented by : Dillip Kumar Mohanty, AR Department represented by : Sanjay Kumar, CIT-DR Date of concluding the hearing : 23.04.2025 Date of pronouncing the order : 29.04.2025 O R D E R PER SANJAY AWASTHI, ACCOUNTANT MEMBER 1. The present appeal arises from order u/s 263 of the Income Tax Act, 1961 (hereinafter “the Act”), passed by the Ld. Principal Commissioner of Income Tax (Central), Sambalpur [hereafter “the Ld. PCIT”] vide order dated 05.07.2023 for AY 2018-19.
1.1 In this case, the appellant has filed a petition dated 22.04.2025, through which the appellant has prayed for allowing withdrawal of the said appeal. In light of the request for withdrawal, we allow the same.
2 ITA No. 333/CTK/2023 Bhawanipatna Central Co-operative Bank Ltd. 2. In the result, appeal filed by the assessee is dismissed, being withdrawn.
Order pronounced on 29.04.2025
Sd/- Sd/- (Duvvuru RL Reddy) (Sanjay Awasthi) Vice President Accountant Member Dated: 29.04.2025 AK, Sr. P.S. Copy of the order forwarded to: 1. Bhawanipatna Central Co-operative Bank Ltd., 2. Pr. Commissioner of Income Tax, Sambalpur 3. CIT(A)- 4. CIT- 5. CIT(DR)
//True copy// By order
Assistant Registrar, Kolkata Benches