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Facts
The assessee filed an appeal challenging the order of the CIT(Appeals) for assessment year 2020-21. However, the assessee subsequently filed an application dated 11.07.2024 to withdraw the appeal.
Held
The assessee's application to withdraw the appeal was considered. The learned DR did not object to the withdrawal. Consequently, the tribunal allowed the assessee to withdraw the appeal.
Key Issues
Whether the assessee should be allowed to withdraw their appeal before the tribunal.
Sections Cited
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Income Tax Appellate Tribunal, MUMBAI BENCH “C”, MUMBAI
Before: SHRI B.R. BASKARAN & SHRI ANIKESH BANERJEE
PER B.R. BASKARAN, ACCOUNTANT MEMBER :
The assessee has filed this appeal challenging the order of learned CIT(Appeals) passed for assessment year 2020-21. However, the assessee has moved an application dated 11.07.2024 for withdrawing the appeal for reasons stated therein. The learned DR did not object to the same. Accordingly, we allow the assessee to withdraw the appeal.
In the result, appeal filed by the assessee is dismissed as withdrawn.
Order pronounced in the open court on 30th July, 2024.