M/S PUNJAB SMALL INDUSTRIES AND EXPORTS CORPORATION LTD.,CHANDIGARH vs. ACIT, CIRCLE 2 (1), CHANDIGARH
What did the Tribunal hold?
The Tribunal considered the assessee's application to withdraw the appeal and the revenue's lack of objection. Consequently, the appeal was dismissed as withdrawn.
What were the facts?
The assessee filed an appeal for AY 2015-16 against the CIT(A) order. The assessee later filed an application seeking permission to withdraw the appeal.
What were the issues?
The primary issue was whether the assessee's request to withdraw the appeal should be granted.
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, CHANDIGARH
Before: SHRI A.D.JAIN & SHRI KRINWANT SAHAY
आदेश/ORDER
PER A.D.JAIN, VICE PRESIDENT
This is assessee's appeal for assessment year 2015-16 against the order dated 25.08.2022 passed by the ld. CIT(A) NFAC, Delhi [ in short ‘the ld. CIT(A) ].
The ld. Counsel for the assessee has filed an Application dated 13.06.2024 seeking permission to withdraw the appeal.
The ld. DR has posed no objection to the request of the assessee.
ITA 652/CHD/2022 A.Y.2015-16 Page 2 of 2 4. In view of the above facts and circumstances, the appeal of the assessee is dismissed as withdrawn.
In the result, the appeal of the assessee is dismissed as withdrawn.
Order pronounced on 01.07.2024.
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