Vikas Agarwal, Bulandshahr V. PCIT, Kanpur

ITA 188/DEL/2021

AI Insights

The case involved an appeal by Vikas Agarwal against an order passed by the Principal Commissioner of Income-Tax (Central), Kanpur, under Section 263 of the Income-Tax Act, 1961, for the assessment year 2017-18. The appeal was related to the reassessment proceedings initiated by the Principal Commissioner. Following the reassessment, where no new additions were made, the assessee decided to withdraw the appeal, which was subsequently allowed by the Tribunal.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 300719 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 10 month(s) 26 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-02-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Next Hearing Date: 02-02-2023
• Assessment Year: 2017-2018
• Appeal Filed On: 07-03-2021
• Laws Referred To: Income-Tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH: ‘H’ NEW DELHI BEFORE SHRI G.S. PANNU, PRESIDENT AND SHRI SAKTIJIT DEY, JUDICIAL MEMBER ITA No. 188/Del/2021 Assessment Year: 2017-18 Vikas Agarwal, 52-Patti Hulsarai, Jawahar Ganj Qasba, Baddha Bazidpur, Siyana, Bulandshahr (UP) Vs. Principal CIT (Central), Kanpur. PAN :ABCFA1687N (Appellant) (Respondent) ORDER PER SAKTIJIT DEY, JUDICIAL MEMBER: This is an appeal by the assessee challenging order dated 07.01.2021 passed by the Principal Commissioner of Income-Tax Department by N o n e Assessee by Shri Sanjay Kumar, Sr. DR Date of hearing 03.02.2023 Date of pronouncement 03.02.2023 2 ITA No.188/Del./2021 (Central), KNP at Meerut under Section 263 of the Income-Tax Act, 1961 pertaining to assessment year 2017-18. 2. We have heard learned Departmental Representative and perused the material available on record. 3. The assessee has furnished letter dated nil stating that in pursuance to the order passed under Section 263 of the Act, the Assessing Officer has completed the assessment proceedings vide order dated 28.02.2022 without making any fresh addition. A copy of the assessment order has been attached to this letter. 4. In view of the fact that in the fresh assessment order the Assessing Officer has not made any addition, the assessee has expressed his willingness to withdraw the present appeal. 5. Learned Departmental Representative has no objection to the withdrawal of the appeal by the assessee. 6. In view of the facts discussed above, we permit the assessee to withdraw the present appeal. Accordingly, the appeal is dismissed as withdrawn. 7. In the result, the appeal is dismissed. 3 ITA No.188/Del./2021 Order pronounced in the open court on 03 rd February, 2023. Sd/- Sd/- ( G.S. PANNU ) (SAKTIJIT DEY) PRESIDENT JUDICIAL MEMBER Dated: 3 rd February, 2023. Mohan Lal Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(A) 5. DR Asst. Registrar, ITAT, New Delhi