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Income Tax Appellate Tribunal, COCHIN BENCH, COCHIN
Before: Shri Satbeer Singh Godara & Shri Amarjit Singh
O R D E R Per Bench This assessee’s appeal for A.Y. 2020-21 arises against the National Faceless Appeal Centre, Delhi [CIT(A)]’s DIN & Order No. ITBA/NFAC/S/250/2023- 24/1052896710(1) dated 17.05.2023 in proceedings u/s. 250 of the Income Tax Act, 1961 (the Act). The assessee has also filed a stay petition SA No. 115/Coch/2023 qua the appeal.
Heard both the parties. Cases file perused
After vehemently arguing for some time in support of the assessee’s section 80P deduction claim amounting to Rs.14,23,608/-, learned counsel seeks to withdraw SA 115/C/2023 Koonammoochi Peoples Service Co-op. Bank Ltd. the instant appeal with liberty to file section 154 rectification application before the appropriate authority(ies).
The Revenue does not raise any objection to the assessee’s foregoing request.
This assessee’s appeal ITA.No.541/Coch./2023 is dismissed as withdrawn in above terms subject to all just exceptions and it’s stay application SA.No.115/Coch./ 2023 is dismissed as rendered infructuous. A copy of this common order be placed in the respective case files.