N SRINIVASAN,NAMAKKAL vs. ACIT , NAMAKKAL

This appeal of the assessee is directed against the order of the Principal Commissioner of Income Tax, Salem, dated 01.03.2018 and pertains to assessment year 2013-14.

When the appeal was taken up for hearing, no one appeared for the assessee. However, the Registry has placed on record a letter dated 30th July, 2018 received from the assessee. In the letter, the assessee claims that consequent to the order passed by the Principal Commissioner of Income Tax under Section 263 of the Income-tax Act, 1961 (in short 'the Act'), further assessment was completed without any addition to the original income. Therefore, the assessee prayed for permission to withdraw the above appeal.

We heard Ms. D. Rohini, the Ld. Departmental Representative. Since the assessment was completed consequent to the order passed by the Principal CIT under Section 263 of the Act, this appeal of the assessee is dismissed as withdrawn as prayed for by the assessee.

In the result, the appeal filed by the assessee is dismissed.