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2016 (7) TMI 339 - HC - Income TaxValidity of order passed by the Joint Commissioner u/s 144A - petitioner prays that they may be permitted to withdraw the application filed u/s 144A - Held that:- As no prejudice would be caused if the petitioner if permitted to approach the Assessing Officer and raise all the issues. In fact Section 144A is a provision which empowers the Joint Commissioner to give guidance to the Assessing Officer to enable him to complete the assessment. Thus, the ultimate object to be achieved is to complete the assessment. Therefore, if the petitioner is ready and willing to appear before the Assessing Officer and cooperate in the assessment proceedings, that would be in the interest of revenue and sufficient compliance of the statutory provisions. Considering the peculiar facts and circumstances of the case, the petitioner is permitted to withdraw the application filed before the first respondent dated 11.01.2016 under Section 144A of the Act and consequently, the impugned order dated 19.03.2016 is set aside. The observations made therein is vacated and the petitioner is directed to appear before the second respondent and raise all the issues before the second respondent, who shall consider the same independently, uninfluenced by any observations contained in the order passed by the first respondent dated 19.03.2016.
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