Facts
Shourya Towers Pvt. Ltd. filed an appeal (ITA No. 4242/Del/2019 for AY 2014-15) against an order of the National Faceless Appeal Centre dated 11.03.2022. During the hearing, the assessee submitted an application to withdraw the appeal, requesting that all its rights and contentions remain open.
Held
The Income Tax Appellate Tribunal noted that the Ld. Departmental Representative had no objection to the assessee's request. Consequently, the tribunal allowed the appeal to be withdrawn and dismissed it as such.
Key Issues
Whether the assessee should be permitted to withdraw the appeal filed before the Income Tax Appellate Tribunal.
Sections Cited
263
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, DELHI BENCH “B”: NEW DELHI
Before: SHRI SAKTIJIT DEY & SHRI M. BALAGANESH
PER M. BALAGANESH, A. M.: The appeal in AY 2014-15, arises 1. out of the order of the National Faceless Appeal Centre (NFAC), Delhi [hereinafter referred to as ‘ld. AO)’, in short] dated 11.03.2022. 2. At the outset, the assessee filed a letter dated 01.07.2024 wherein, he submitted that the assessee wants to withdraw the aforesaid appeal, keeping all its rights and contention open. For the sake of convenience the said letter is reproduced below:-
The Ld. DR does not have any objection for the said request of the ld AR.
Shourya Towers Pvt. Ltd 4. We have gone through the request submitted by the Ld. AR and since the DR does not have any objection, the appeal is allowed to be withdrawn.
In the result the appeal of the assessee is dismissed as withdrawn.
Order pronounced in the open court on 01/07/2024.