Prashant Prabhakar Degaonkar, Solapur V. Income-Tax Officer, Ward 1(2). , Solapur

ITA 150/PUN/2021

• Counselvise Citation: [2022] 107 COUNSELVISE.COM (IT) 0126 (ITAT-PUNE)
• Duration Of Justice: 1 year(s) 3 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-09-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2016-2017
• Appeal Filed On: 10-05-2021
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Revision of order
• Section: 263

Judgement Text

ITAT-Pune Page 1 of 3 आयकर अपीलीय न्यायाधिकरण, पुणे न्यायपीठ,“बी” बेंच, पुणे में। IN THE INCOME TAX APPELLATE TRIBUNAL, PUNE“B” BENCH, PUNE BEFORE SHRI SS VISWANETHRA RAVI, JUDICIAL MEMBER AND SHRI G. D. PADMAHSHALI, ACCOUNTANT MEMBER आयकर अपऩल सं. / ITA No. 150/PUN/2021 निर्धारण वर्ा / Assessment Year : 2016-2017 Prashant Prabhakar Deogaonkar (HUF) 256/257, East Mangalwar Peth, Solapur – 413 002 . . . . . . . अपऩलधथी / Appellant बिधम / V/s. Principal Commissioner of Income Tax Pune – 4 . . . . . . . प्रत्यथी / Respondent द्वारा / Appearances Assessee by : None for the Assessee Revenue by : Shri S. S. Meena सपिवधईकीतधरऩख / Date of conclusive Hearing : 05/09/2022 घोर्णधकीतधरऩख / Date of Pronouncement : 05/09/2022 आदेश / ORDER PER G. D. PADMAHSHALI, AM; The present appeal of the assessee is assailed against the order of Principal Commissioner of Income Tax, Pune-4 [for short “PCIT”] dt. 31/03/2021 passed u/s 263 of the Income-tax Act, 1961 [for short “the Act”], which in turn ascended out of the order of the Income Tax Officer, Ward-1(2), Solapur [for short “AO”] dt. 28/11/2018 passed u/s 143(3), for assessment year [for short “AY”] 2016-2017. Prashant Prabhakar Deogaonkar (HUF) ITA No. 150/PUN/2021AY: 2016-2017 ITAT-Pune Page 2 of 3 2. On this date of hearing, the learned departmental representative [for short “DR”] referring to the records entreated that, the appellant assessee filed an undated application seeking withdrawal of present appeal, citing as; “To avoid protracted litigation, Appellant prays to allow towithdraw this appeal against order u/s 263 for AY 2016-17.” (Emphasis supplied) 3. In the light of aforementioned facts, the Ld DR submitted that, the present appeal of the appellant ceases to be prosecuted, ergo; recording his no objection in allowing the withdrawal, we order accordingly. 4. Resultantly, the appeal of the appellant assessee is dismissed as withdrawn. In terms of rule 34 of ITAT Rules, the order pronounced in the open court on this Monday 05 th day of September, 2022. -S/d- -S/d- SS VISWANETHRA RAVI G. D. PADMAHSHALI JUDICIAL MEMBER ACCOUNTANT MEMBER पुणे / PUNE ; दिन ांक / Dated : 05 th day of September, 2022. Prashant Prabhakar Deogaonkar (HUF) ITA No. 150/PUN/2021AY: 2016-2017 ITAT-Pune Page 3 of 3 आदेशकी प्रधिधलधप अग्रेधिि / Copy of the Order forwarded to : 1.अपील र्थी / The Appellant. 2. प्रत्यर्थी / The Respondent. 3. The Pr. CIT, Pune (Mh-India) 4. The CIT, Solapur (Mh-India) 5. दिभ गीय प्रदिदनदि,आयकर अपीलीय न्य य दिकरण, पुणे “बी” बेंच, पुणे / DR, ITAT, Pune “B” Bench, Pune. 6. ग र्डफ़ इल / Guard File. आिेश नुस र / BY RDER, िररष्ठ दनजी सदचि / Sr. Private Secretary आयकर अपीलीय न्य य दिकरण, पुणे / ITAT, Pune.