2022 (4) TMI 272 - AT - Income Tax

Revision u/s 263 by CIT - assessment order u/s 143 r.w.s 147 - HELD THAT - As assessee stated that the consequential order pursuant to the impugned revision order u/s. 263 of the Act, has been passed on 30.09.2021 by the Assistant Commissioner of Income Tax, Mumbai 4(3)(1), wherein the returned income of the assessee was accepted as assessed. Accordingly, the captioned appeal, as being filed against the order u/s. 263, has become infructuous. Thus, assessee seeks permission to withdraw the captioned appeal. Ld. Departmental Representative for the Revenue did not express any objection in this regard. Accordingly, the prayer of the assessee for withdrawal is granted. Appeal of the assessee is dismissed as withdrawn.

Summary

The appeal was filed by the assessee against the order of the Principal Commissioner of Income Tax, Jamnagar. The appeal became infructuous as the returned income was accepted as assessed. The appeal was dismissed as withdrawn on 04/02/2022.