M/S USHA YARNS LTD.,PATIALA vs. ACIT, CIRCLE, PATIALA
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आयकर अपीलीय अिधकरण,च"ीगढ़ "ायपीठ “बी” , च"ीगढ़ IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCH “B”, CHANDIGARH HEARING THROUGH: "ी आकाश दीप जैन, उपा"" एवं "ी िव"म िसंह यादव, लेखा सद" BEFORE: SHRI. AAKASH DEEP JAIN, VP & SHRI. VIKRAM SINGH YADAV, AM आयकर अपील सं./ ITA NO. 1352/Chd/ 2017 िनधा"रण वष" / Assessment Year : 2014-15 Usha Yarns Ltd. बनाम The ACIT # 3, Ajit Nagar, Circle-2, Patiala Patiala "ायी लेखा सं./PAN NO: AAACU1917D अपीलाथ"/Appellant ""थ"/Respondent िनधा"रती की ओर से/Assessee by : Shri Vibhor Garg, C.A राज" की ओर से/ Revenue by : Smt. Kusum Bansal, CIT DR सुनवाई की तारीख/Date of Hearing : 29/08/2024 उदघोषणा की तारीख/Date of Pronouncement : 30/08/2024 आदेश/Order PER VIKRAM SINGH YADAV, A.M. : This is an appeal by the Assessee against the order of the Ld. Pr. CIT, Patiala passed u/s 263 dt. 16/08/2017 pertaining to Assessment Year 2014-15. 2. During the course of hearing, the Ld. Counsel for the Assessee moved an application to withdraw the appeal which reads as under:
“Sub: Request for withdrawing the appeal Hon’ble Members The above appeal is against the review order passed u/s 263 by Ld. Pr. CIT, Patiala wherein the assessment order dated 30/08/2016 was annulled and AO was directed to make a fresh assessment on the issues discussed in the order u/s 263 passed by Ld. Pr. CIT. As the assessment u/s 143(3) read with section 263, has been passed by the Ld. AO in favour of assessee vide order dt. 15/12/2018, this appeal against the order u/s 263 becomes infructuous. A humble prayer is made to kindly allow us to withdraw the appeal. Counsel for Appellant Vibhor Garg, FCA”
Ld. DR did not object if the appeal of the assessee is dismissed as withdrawn.
In view of the order passed u/s 143(3) r/w 263 of the Act dt. 15/12/2018 and request so made on behalf of the assessee, the appeal of the assessee is dismissed as withdrawn.
In the result, appeal of the Assessee is dismissed.
(Order pronounced in the open Court on 30/08/2024 ) आकाश दीप जैन िव"म िसंह यादव (AAKASH DEEP JAIN) ( VIKRAM SINGH YADAV) उपा"" / VICE PRESIDENT लेखा सद"/ ACCOUNTANT MEMBER AG Date: 30/08/2024 आदेश की "ितिलिप अ"ेिषत/ Copy of the order forwarded to : 1. अपीलाथ"/ The Appellant
""थ"/ The Respondent 3. आयकर आयु"/ CIT 4. िवभागीय "ितिनिध, आयकर अपीलीय आिधकरण, च"ीगढ़/ DR, ITAT, CHANDIGARH 5. गाड" फाईल/ Guard File
आदेशानुसार/ By order, सहायक पंजीकार/