Can appeal filed before commissioner of income tax under NFAC be withdrawn...
if yes
Then please quote section and the procedure to be followed for withdrawal of appeal.
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Withdrawl of CIT appeal
Replies (1)
There is no specific section in the Income Tax Act that grants an assessee the right to withdraw an appeal. As a result, you cannot withdraw it automatically via the portal. You must file a written application with the CIT(A)/NFAC explaining why the appeal is no longer necessary (e.g., due to a rectification order) and request them to pass an order allowing the withdrawal.
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