RASHMI KAMAL SHAH,VAPI vs. PRINCIPAL COMMISSIONER OF INCOME TAX,, VALSAD
In favour of the Revenue: the assessee's appeal was dismissed. From the AI summary of this appeal.
What did the Tribunal hold?
The Tribunal permitted the assessee to withdraw the appeal as they were not pressing the grounds. The Departmental Representative raised no objection to this withdrawal.
What were the facts?
The assessee filed an appeal against an order passed by the Principal Commissioner of Income Tax under Section 263 of the Income Tax Act. The assessee's representative stated they were not pressing the grounds of appeal.
What were the issues?
Whether the assessee should be allowed to withdraw their appeal when they are not pressing the grounds.
Which sections of the Income-tax Act were involved?
AI-generated summary — verify with the full judgment below
Assessee by Shri Hardik Vora, Advocate Department by Shri SM Keshkamat, CIT-DR Date of hearing 03/07/2023 Date of pronouncement 03/07/2023 Order under Section 254(1) of Income Tax Act PER: PAWAN SINGH, JUDICIAL MEMBER:
1. 1. This appeal by the assessee is directed against the order of learned Principal Commissioner of Income Tax, Valsad [in short the ld. Pr.CIT] dated 30/03/2022 passed under Section 263 of the Income Tax Act, 1961 (in short, the Act) for the Assessment Year (AY) 2017-18.
2. This appeal came up for hearing on today i.e. 03/07/2023. At the outset of hearing, the learned Authorised Representative (ld. AR) of the assessee submits that he is not pressing various grounds of appeal and may be allowed to withdraw the present appeal. The ld. AR of the assessee further submits that no addition in pursuance of direction of ld. Pr.CIT Rashmi Kamal Shah Vs Pr.CIT under Section 263 of the Act is made in the assessment order passed under Section 143(3) rws 263 of the Act.
3. On the other hand, the learned Commissioner of Income Tax- Departmental Representative (ld. CIT-DR) for the revenue has raised no objection, if the appeal is assessee is permitted to be withdrawn. Considering the prayer of the ld. AR of the assessee, we permit the assessee to withdraw the present appeal.
In the result, this appeal of assessee is dismissed as withdrawn. Order pronounced on 03/07/2023 in open court at the time of hearing.
More judgments on Section 263
- Gillette India Limited, Mumbai vs Principal Commissioner of Income Tax, JaipurITA 1316/JPR/2026[2018-19]Status: Disposed16 Oct 2026AY 2018-19
- Neo Structo Construction P. Ltd., Ahmedabad vs The Pr. CIT- 3, AhmedabadITA 1216/AHD/2026[2015-2016]Status: Disposed16 Oct 2026AY 2015-2016
- Vimal Harilal Baldania, Gandhidham vs The ITO Ward 2, GandhidhamITA 770/RJT/2025[2017-18]Status: Disposed15 Oct 2026AY 2017-18
- J.D. Marketing, Kolkata vs ITO, Ward 37(1), KolkataITA 1493/KOL/2026[2015-2016]Status: Disposed15 Oct 2026AY 2015-2016
- J.D. Marketing, Kolkata vs ITO, Ward 37(1), KolkataITA 1492/KOL/2026[2013-2014]Status: Disposed15 Oct 2026AY 2013-2014
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