Dear Experts,
We had filed an appeal with CIT(A) for AY 2017–18. However, the company got merged in AY 2021–22 and no longer exists. We now intend to surrender the PAN and TAN of the merged entity.
The issue is that, due to the pending appeal, we are unable to proceed with the surrender, and as per our understanding, there is no statutory provision to withdraw an appeal once filed.
What is the recommended course of action to withdraw the appeal. Are there any case laws which we can cite and withdraw the appeal. Kindly suggest.
Regards,
S Ram
CAclubindia
