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Income Tax Appellate Tribunal, DELHI ‘C’ BENCH,
Before: SHRI MAHAVIR SINGH & SHRI NAVEEN CHANDRA
PER NAVEEN CHANDRA, ACCOUNTANT MEMBER:-
This appeal by the assessee is preferred against the order dated 15.05.2024 for A.Y 2021-22.
[A.Y 2021-22] Induslynk Training Services 2. At the very outset, the ld. counsel for the assessee filed an application dated 05.08.2025 seeking permission to withdraw the appeal filed by the assessee. The relevant portion of the application reasoning the withdrawal reads as under:
“The above-mentioned appeal was filled by assessee on 13 July 2024 bearing for assessment year 2021- 22), against order dated 15 May 2024 passed by Honorable Commissioner of Income- Tax Appeal ['CIT(A)'] under section u/s 250 of the Income Tax Act 1961 ('Act') fixed for hearing before "C" Bench on 07.08.2025. Copy of Acknowledgement of filling of appeal along with Form 36 and Ground of Appeals is attached as Annexure 1.
Your Honour, in this regard, it is relevant to mention that against the above-mentioned order of the CIT(A), assessee has filed rectification application u/s 154 of the Act.
In response to above mentioned rectification application filed by the assessee, National Faceless Appeal Centre ('NFAC') passed order u/s 154 read with section 250 (dated 2 September 2024) rectifying mistakes apparent from record in the order dated 15 May 2024 passed by CIT(A), granting the benefit of lower rate of taxation as per section 115BAA of the Act for AY 2021-22 and directing AO to allow assessee the benefit of lower rate of taxation under section 115BAA of the Act.
[A.Y 2021-22] Induslynk Training Services Consequent to the above stated direction, the Ld.AO has also passed an appeal effect order dated 30 July 2025, allowing assessee benefit of lower rate of taxation under section 115BAA of the Act. Accordingly, the grounds for which the subject appeal is pending has been duly allowed to assessee.
In view of the same, the assessee requests your honours to take the above on record and accept assessee's request to withdraw the subject appeal.”
The ld. DR did not raise any objection.
Accordingly, the appeal of the assessee is dismissed as withdrawn.
In the result, the appeal of assessee in is dismissed as withdrawn.
The order is pronounced in the open court on 22.08.2025.