GAUTAM FREIGHT P. LTD.,,GANDHIDHAM-KUTCH vs. THE PR. CIT-1, RAJKOT, RAJKOT

This appeal is filed by the assessee as against revision order dated 03-02-2022 passed by Principal Commissioner of Income Tax, Rajkot-1 under section 263 of the Income Tax Act, 1961 (hereinafter referred as the Act) against the assessment order passed u/s. 143(3) of the Act relating to the assessment year 2017- 18.

At the outset, the assessee vide its letter dated 20th November, 2023 requested to withdraw the above appeal as follows:- “Aforesaid appeal was filed against an order passed U/s. 263 of the act dated 03.02.2022 by Principal Commissioner, CIT-1, Rajkot. After passing of aforesaid order an assessment is competed U/s. 143(3) r.w.s. 263 of the act on 27.03.2023 (copy enclosed) determining the assessed income as income assessed U/s. 143(3) of the act. As no adverse interference was drawn while framing the reassessment, we humbly request your honour to kindly allow us to withdraw the appeal filed in ITA-175/RJT/2022 & oblige.”

The ld. CIT-DR has no objection in withdrawal of the above appeal. Recording the same, the above appeal filed by the assessee is dismissed as withdrawn.

In the result, the appeal filed by the assessee is dismissed as withdrawn.