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Before: Shri Sanjay Arora & Shri Duvvuru RL Reddy
O R D E R
PER DUVVURU RL REDDY, JUDICIAL MEMBER:
This appeal filed by the assessee is directed against the order of the ld. Principal Commissioner of Income Tax, Madurai-1, Madurai dated 31.03.2017 relevant to the assessment year 2012-13 passed under section 263 of the Income Tax Act, 1961 [“Act” in short].
When the appeal was taken up for hearing, the ld. Counsel for the assessee has sought for permission to withdraw the appeal filed by the assessee since the assessee is not interested in prosecuting its appeal.
Against the above, the ld. DR did not object to the submissions of the ld. Counsel.
In view of the above submissions of the ld. Counsel for the assessee and there being no objection raised by the ld. DR, the appeal filed by the assessee is dismissed as withdrawn.
In the result, the appeal filed by the assessee is dismissed. Order pronounced on the 31st August, 2017 at Chennai.