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Facts
Dalmia Bharat Limited filed an appeal against the Ld. CIT(Appeals)'s order for Assessment Year 2014-15. During the hearing, the assessee requested to withdraw the appeal, stating they no longer wished to pursue it, and the Ld. DR raised no objection.
Held
The Income Tax Appellate Tribunal considered the assessee's submission and permitted the withdrawal of the appeal. Consequently, the appeal was dismissed as withdrawn.
Key Issues
Whether the assessee should be allowed to withdraw its appeal against the Ld. CIT(Appeals)'s order.
Sections Cited
Section 250 of the Income Tax Act, 1961
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, DELHI BENCH “B” NEW DELHI
Before: SHRI CHALLA NAGENDRA PRASAD & SHRI AVDHESH KUMAR MISHRA
आदेश /O R D E R PER C.N. PRASAD, J.M.
This appeal by assessee has been directed against the order of the Ld. CIT(Appeals)-29, New Delhi dated 29.06.2017 for assessment year 2013-14.
At the time of hearing Ld. Counsel for the assessee furnished a letter dated 07.05.2024 stating that assessee wants to withdraw the appeal for the reasons mentioned in the letter. The contents of the letter are as under: 1
I.T.A.Nos.5419/Del/2017
The Ld. DR has no serious objection in assessee withdrawing its appeal.
Considering the submissions of the Ld. Counsel/assessee, we permit the assessee to withdraw its appeal. Accordingly, the appeal is dismissed as withdrawn.
I.T.A.Nos.5419/Del/2017
In the result, the appeal is dismissed as withdrawn.
Order pronounced in the open court on 07/05/2024