Facts
The assessee preferred an appeal against an assessment order passed by the Income Tax Department. At the time of hearing, the assessee sought to withdraw the appeal.
Held
The Tribunal allowed the assessee's request to withdraw the appeal. The appeal was accordingly dismissed as withdrawn.
Key Issues
Whether the assessee can withdraw their appeal before the tribunal.
Sections Cited
143(3), 144C(13), 144C(5)
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, DELHI BENCH ‘I’: NEW DELHI
(Assessment Year: 2021-22) Coim India Private Limited, vs. DCIT, Circle 4 (2), Shop No.4, Ground Floor, Delhi. Rajendra Bhawan, Patel Nagar East, Delhi – 110 008. (PAN : AABCC4026E) (APPELLANT) (RESPONDENT) ASSESSEE BY : Shri Nikhil Agarwal, Advocate Shri Puru, Advocate REVENUE BY : Shri Rajesh Dhanesta, Sr. DR Date of Hearing : 17.10.2025 Date of Order : 17.10.2025 O R D E R
PER S. RIFAUR RAHMAN, ACCOUNTANT MEMBER :
This appeal preferred by the assessees is directed against the assessment order dated 27.09.2024 passed by the Income Tax Department, Assessment Unit u/s 143(3) read with section 144C(13) of the Income-tax Act, 1961 (for short ‘the Act”) for Assessment Year 2021-22 pursuant to the directions of the Dispute Resolution Panel u/s 144C(5) of the Act.
At the time of hearing, ld. AR of the assessee submitted that vide letter dated 14.10.2025 which is placed on record, assessee seeks to withdraw the present appeal in view of the submissions made therein. Accordingly, he requested the Bench to allow the assessee to withdraw the same. Ld. DR of the Revenue did not object to the same.
In view of the submissions of the ld. AR of the assessee, we allow the assessee to withdraw the appeal and accordingly, the present appeal is dismissed as withdrawn. Order pronounced in the open court on this 17TH day of October, 2025 after the conclusion of the hearing.