2022 (6) TMI 649 - Income Tax

Head Note / Extract:
Revision u/s 263 - Application for withdrawal was filed by the appellant-assessee through its managing director stating that after the order passed by the ld. PCIT-4, Kolkata u/s. 263 a fresh order u/s. 143(3)/263 dated 20.12.2019 was also passed by the AO and did not make any adverse decision or additions and concluded same as original assessment u/s. 143(3) and as such no grievance of the assessee against the order passed u/s. 263 - HELD THAT:- We, after perusal of above application and hearing the ld.DR on this issue since he has no objection for such withdrawal of appeal by appellant. This appeal may be treated as infructuous and dismissed on withdrawal. Appeal of assessee is treated as dismissed on withdrawn.