Ajar Amar Steels vs The DCIT

Parties Involved

Facts Summary

The assessee, Ajar Amar Steels, filed an appeal against the order dated 16.02.2024 passed by the Ld. CIT(A)-5, Ludhiana. The assessee subsequently filed an application dated 06.09.2024 seeking permission to withdraw the appeal. The reason for withdrawal was that the assessee became aware of the order u/s 263, dated 30.03.2021, only while preparing the appeal. The Ld. DR did not object to the withdrawal request.…

Legal Issues

• 1. Whether the appeal can be withdrawn by the assessee?

Judgment Outcome

Decided in favour of Assessee.

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