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Income Tax Appellate Tribunal, COCHIN BENCH, COCHIN
Before: Shri George George K, JM & Shri Laxmi Prasad Sahu, AM
O R D E R
Per George George K, JM :
This appeal at the instance of the assessee is directed against CIT’s order dated 22.03.2021, passed u/s 263 of the I.T.Act. The assessee has also preferred stay petition. The relevant assessment year is 2015-2016.
At the time of hearing before us, the learned Counsel for the assessee requested for withdrawal of the appeal. The learned Departmental Representative did not raise any objection for withdrawing the appeal by the assessee. Accordingly, we dismiss the appeal filed by the assessee as withdrawn.
Since the appeal is disposed of, the stay petition filed by the assessee becomes infructuous and the same dismissed.
In the result, the appeal and stay petition filed by the assessee are dismissed.
Order pronounced on this 19th day of May, 2022.