M/S VIDESH COAL SERVICES PVT LTD ,NAGPUR vs. INCOME TAX OFFICER WARD -1(5), NAGPUR

The present appeal filed by the assessee is directed against the order passed by the Pr. CIT,Nagpur-1, dated 11.01.2018 passed u/s 263 of the Income-tax Act, 1961 ( for short ‘the Act’), which in turn arises from the order passed by the A.O u/s.143(3) of the Act dated 30.01.2016 for assessment year 2013-14.

At the very outset of hearing of the appeal, it was submitted by the Ld. Authorized Representative (for short ‘AR’) for the assessee that as per instructions he seeks to withdraw the present appeal. Elaborating on the reasons of leading to withdrawal of the aforementioned appeal, it was submitted by the Ld. AR that as substantial relief has been allowed to the assessee in the course of assessment framed by the Assessing Officer u/s.143(3) r.w.s. 263 of the Act, therefore, for the said reason, the assessee seeks permission of the Tribunal to withdraw the present appeal that was filed against the order passed by the Pr. CIT u/s 263 of the Act.

In the backdrop of the aforesaid concession of the Ld. AR, we, herein, permit the assessee to withdraw the captioned appeal.

In the result, appeal of the assessee is dismissed as withdrawn.

The Pr. CIT, Nagpur-1. 4. �वभागीय ��त�न�ध, आयकर अपील�य अ�धकरण, नागपुर/ DR, ITAT, Nagpur. गाड� फ़ाइल / Guard File. 5. आदेशानुसार / BY ORDER, // True Copy // �नजी स�चव / Private Secretary आयकर अपील�य अ�धकरण, रायपुर / ITAT, Raipur.