Loading judgment…
Facts
An appeal was filed by the assessee, M2K Foundation, against an order dated 30.01.2023 passed by the Principal Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), under Section 154 of the Income Tax Act, 1961, for Assessment Year 2017-18.
Held
During the hearing, the counsel for the assessee submitted a request to withdraw the appeal. Consequently, the Income Tax Appellate Tribunal dismissed the appeal as withdrawn.
Key Issues
Whether an appeal filed by the assessee against an order passed under Section 154 of the Income Tax Act, 1961, should be dismissed as withdrawn based on the assessee's counsel's submission.
Sections Cited
154
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, DELHI BENCH “E” DELHI
Before: SHRI PRADIP KUMAR KEDIA & SHRI YOGESH KUMAR US
The captioned appeal has been filed at the instance of the assessee against the order of the Principal Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC) dated 30.01.2023 passed under Section 154 of the Income Tax Act, 1961 (the Act) relevant to Assessment Year 2017-18.
At the outset, the ld. counsel for the assessee submits that he wants to withdraw the present appeal. Hence, the present appeal is dismissed as withdrawn.