Facts
The appellant filed an appeal against an order passed under section 263 of the Income Tax Act, 1961. During the proceedings, the appellant moved an application to withdraw the appeal.
Held
The appellant requested to withdraw the appeal. The Learned DR had no objection to the withdrawal request.
Key Issues
Withdrawal of appeal by the appellant.
Sections Cited
263, 143(3)
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, AGRA BENCH,
आदेश / O R D E R PER SUNIL KUMAR SINGH (J.M):
1. 1. This appeal has been preferred against the impugned order dated 31.03.2022 passed under section 263 of the Income Tax Act, 1961 by the Ld. Pr.CIT-1, Agra.
2. At the very outset, it is brought to the notice of the tribunal that the appellant has moved an application with a prayer to withdraw the appeal on the ground that an order u/s 143(3) r/w 263 of the Act has been passed resorting to the assessment framed originally.
Nitesh Chain Private Limited 3. Learned DR has no objection. 4. In view of appellant’s written request, the appeal stands dismissed as withdrawn. Order pronounced in open court on 27.03.2025.