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Income Tax Appellate Tribunal, CIRCUIT BENCH, VARANASI
Before: SHRI VIJAY PAL RAO & SHRI RAMIT KOCHAR
ORDER
PER RAMIT KOCHAR, Accountant Member This appeal filed by assessee in ITA.No.19/VNS/ 2020 for assessment year 2015-16 has arisen from the revisionaryorder passed by ld. Pr. Commissioner of Income Tax, Varanasi u/s 263 of the Income-tax Act, 1961, vide revisionary order dated 29.11.2019 (DIN ITBA/REV/ S/91/2019-20/1021339558(1) )
2 ITA.No.19/VNS/2020 ShriPurushottam Das Agrawal, Varanasi. Assessment year 2015-16 2. When this appeal came-up for hearing before the Division Bench, the Learned Counsels for the assessee namely ShriSubhash Chand &ShriAshutoshBhardwaj, Advocates stated before the Bench that the assessee wants to withdraw its appeal. The assessee has also filed duly signed letter dated 04.07.2022, wherein the assessee has prayed that he may be allowed to withdraw his appeal filed with tribunal, in for ay: 2015-16.
The Learned Sr. D.R. has no objection if the appeal of the assessee is dismissed as withdrawn.
After hearing both the sides and considering the material on record, we allow the assessee to withdraw his appeal. Accordingly, the appeal of the assessee in ITA no. 19/VNS/2020 for ay: 2015-16 ,is dismissed as withdrawn. We order accordingly.
In the result, appeal filed by assessee in ITA no. 19/VNS/2020 for ay: 2015-16 is dismissed as withdrawn. Order pronounced in open Court on the conclusion of the hearing i.e., on 04.07.2022 at Varanasi, U.P., in the presence of both the parties.