Bluezone Vitrified Pvt. Ltd. vs. The PCIT - 1, Rajkot
Parties Involved
Facts Summary
The present appeal is preferred by the assessee challenging the impugned order dated 24.03.2021, passed by the Learned Principal Commissioner of Income Tax - 1, Rajkot [in short “the Ld. PCIT”] under section 263 of the Income Tax Act, 1961 [hereinafter referred to as “the Act”]. Before the tribunal, Shri Vimal Desai, the Learned Counsel for the assessee, submitted on behalf of the assessee that the assessee did not wish to press this appeal. The Learned Commissioner of Income-tax - Departmental Representative (Ld. CIT-DR) did not raise any objection.…
Decision in favour of
Partly Assessee / Partly Revenue
Legal Issues
- 1. Whether the appeal should be dismissed as withdrawn?
Judgment Outcome
Decided in favour of Partly Assessee / Partly Revenue.
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