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Facts
The assessee filed an appeal against an order of the CIT(A)-23, New Delhi dated 26.10.2022. During the hearing, the assessee's authorized representative informed the tribunal that they were not inclined to pursue the appeal due to the low tax involved.
Held
The Income Tax Appellate Tribunal took note of the submission by the assessee's authorized representative and dismissed the appeal as withdrawn.
Key Issues
Whether the appeal should be pursued given the low tax amount involved, leading to its withdrawal by the assessee.
Sections Cited
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Income Tax Appellate Tribunal, DELHI BENCH ‘G’, NEW DELHI
Before: Shri Challa Nagendra Prasad & Dr. B. R. R. Kumar
ORDER Per Dr. B. R. R. Kumar:- The present appeal has been filed by the assessee against the order of ld. CIT(A)-23, New Delhi dated 26.10.2022. 2. Owing to the low tax involved, the ld. AR submitted that they are not inclined to pursue the appeal. 3. Hence, dismissed as withdrawn. Order Pronounced in the Open Court on 01/02/2024.