M/S. NEW OM CONSTRUCTION CO.,DELHI vs. PR. CIT DELHI- 16, NEW DELHI

This appeal filed by the assessee is directed against the order dated 31.03.2015 passed u/s 263 of the Income-tax Act, 1961 by the Pr. CIT, Delhi – 16, relating to A.Y. 2010-11.

The assessee has filed an application seeking permission of the Bench to withdraw the appeal filed by it on the ground that the reassessment u/s 143(3)/263 of the Act has been completed by the jurisdictional ITO on 29.3.2016 who has accepted the returned income and therefore, the assessee has no grievance. In absence of any objection from the ld. DR, the request of the assessee seeking permission of the Bench to withdraw the appeal filed by the assessee is acceded to.

In the result, the appeal of the assessee is dismissed as withdrawn. Order pronounced in the open court at the time of hearing itself on 20.03.2017. Sd/- Sd/- (SUDHANSHU SRIVASTAVA) (R.K. PANDA) JUDICIAL MEMBER ACCOUNTANT MEMBER Dated: 20.03.2017 V. Lakshmi Copy forwarded to: 1) Appellant 2) Respondent 3) CIT 4) CIT (Appeals) 5) DR: ITAT