DIRGHAGRAM KHARAKPUR SKUS LTD.,PASCHIM MEDNIPUR vs. PCIT - 13, KOLKATA, KOLKATA

The captioned appeal filed by the assessee, pertaining to assessment year 2018-19 is directed against the order passed by the Learned Pr. Commissioner of Income Tax, Kolkata-13 (hereinafter referred to as the ‘ld. PCIT’) dated 7th March, 2024 passed u/s 263 of the Income-tax Act, 1961 (the Act), which is arising out of the assessment order u/s 143(3) read with section 144B of the Act dated 28th May, 2021.

At the outset, the ld. Counsel for the assessee submitted that the instant appeal has been instructed by his client to be withdrawn. The appeal was initially filed challenging the order

The ld. Counsel for the assessee also filed a formal application requesting withdrawal of the appeal.

On the other hand, ld. DR has raised no objection to this withdrawal

We after hearing the submission of both the parties and considering the circumstances, we find it appropriate to allow the assessee to withdraw the appeal. Therefore, the instant appeal filed by the assessee is dismissed as withdrawn.

In the result, the appeal of the assessee is dismissed as withdrawn.