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Order PER PARESH M. JOSHI, J.M. : This is an appeal by the Assessee against the order of the Ld. PCIT, Chandigarh-1 dt. 24/03/2023. 2. During the course of hearing the Ld. Counsel for the Assessee moved an application to withdraw the appeal, contents of which reads as under:
Sub: Request tor withdrawal of appeal in the eases of M/s Punjab Small Industries and Export Corp. Ltd. I.T.A. No.: 3I5/Chandi-2023. A.Y. : 2018-19 Dated of hearing: 08.04.2024 Kindly refer to the above-mentioned appeal which is fixed for hearing before the Hon'ble Bench for 08.04.2024. It is submitted that in the assessment order dated 27.03.2024. under Section 143(3) read with Section 263 of the Income Tax Act, 1961 has been passed by the Ld. DCIT/ACIT. Circle 1(1), Chandigarh, the Id. Assessing Officer has accepted the originally assessed income under order dated 26.03.2021, under Section 143(3) read with Section I43(3A)&143(3B), passed by the Ld. Additional Joint Deputy Asstt. Commissioner of Income Tax, National e-Assessment Centre, Delhi in the ease of the" appellant. The copy assessment order dated 27.03.2024, under Section 143(3) read with Section 263 passed by the Ed. DCIT/ACIT, Circle 1(1), Chandigarh is enclosed herewith.
In view of the above facts, it is humbly prayed that undersigned may kindly be allowed to withdraw the appeal.
Ld. DR did not object if the appeal of the assessee is dismissed as withdrawn.
We have heard the rival contention and perused the material available on the record. We find that the assessee requested to withdraw his appeal for which he has submitted the withdrawal application which is placed on record. After considering the request so made by the assessee and hearing the Ld. DR the present appeal is dismissed as withdrawn.
In the result, appeal of the Assessee is dismissed as withdrawn.