Facts
The assessee filed an appeal for assessment year 2018-19 against an order passed under section 263 of the Income-tax Act. The appeal was heard, and the case file was perused by the members of the tribunal.
Held
The learned counsel for the assessee, after arguing the case for some time, wished to withdraw the appeal. The Revenue did not contest this request.
Key Issues
Whether the assessee's appeal should be dismissed as not pressed.
Sections Cited
263
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, AGRA BENCH, AGRA
Before: SHRI SATBEER SINGH GODARA & SHRI MANOJ KUMAR AGGARWAL
ORDER
Per Satbeer Singh Godara, Judicial Member:
This assessee’s appeal for assessment year 2018-19, arises against the Commissioner of Income Tax (Exemption), Bhopal’s DIN and order no. ITBA/Review/REV5/2021-22/1035793204(1) dated 22.09.2021, involving proceedings under section 263 of the Income-tax Act, 1961 (hereinafter referred to as ‘the Act’).
Heard both the parties. Case file perused.
After having vehemently argued in favour of the assessee the case for quite some time, learned counsel wishes not to press the instant assessee’s appeal subject to all just exceptions. The Revenue is equally fair in not contesting assessee’s foregoing averments.
This assessee’s appeal is dismissed as not pressed subject to all just exceptions. Order pronounced in the open court on 11THFebruary, 2025.