Dharmavaram Co-operative Town Bank Limited, Ananthapur Asst. Commissioner of Income Tax, Circle-1, Ananthapur

 IN THE INCOME TAX APPELLATE TRIBUNAL
 Hyderabad ‘ B ‘ Bench, Hyderabad
(Through Video Conferencing)

Before Smt. P. Madhavi Devi, Judicial Member
AND
Shri A. Mohan Alankamony, Accountant Member

ITA No.1240/Hyd/2018
Assessment Year: 2013-14

Dharmavaram Cooperative
Town Bank Ltd, Anantapur
PAN:AAABT2487J
(Appellant) 

Vs. 

Asstt. Commissioner of
Income Tax, Circle 1
Anantapur
(Respondent)

Assessee by: Sri K.A. Sai Prasad
Revenue by: Sri V.V.S.T. Sai, CIT(DR)
Date of hearing: 03/02/2021
Date of pronouncement: 03/02/2021

 ORDER

Per Smt. P. Madhavi Devi, J.M.

This is assessee’s appeal for the A.Y 2013-14 against the order of the CIT (A)-Kurnool, dated 20.03.2018 u/s 263 of the I.T. Act.

2. When the matter came up for hearing, the learned Counsel for the assessee filed an application stating that in the appeal against the consequential order passed by the AO u/s 143(3) r.w.s. 263 of the I.T. Act, the first appellate authority allowed the assessee’s appeal and therefore, sought permission to withdraw this appeal before us.

3. Taking the above contentions of the assessee into consideration, the appeal of the assessee is dismissed as   withdrawn as the assessee has got the relief in the order passed by the first appellate authority i.e. the CIT (A) in the appeal filed against the consequential order u/s 143(3) r.w.s. 263 of the I.T. Act and the assessee has no further grievance in the matter.

4. In the result, assessee’s appeal is dismissed.

Order pronounced in the Open Court on 3rd February, 2021.

 Sd/-                                                             Sd/-
(A. MOHAN ALANKAMONY)                     (P. MADHAVI DEVI)
ACCOUNTANT MEMBER                         JUDICIAL MEMBER

Hyderabad, dated 3rd February, 2021.
Vinodan/sps

Copy to:
1 The Dharmavaram Coop. Town Bank Ltd, C/o Ch. Parthasarathy
& Co. 1-1-298/2/B/3, 1st Floor, Sowbhagya Avenue, St. No.1,
Ashoknagar, Hyderabad 500020
2 ACIT Circle -1, 3rd Road, Opp: Sai Baba Temple, Anantapur
3 CIT (A)-Kurnool
4 Pr. CIT - Kurnool
5 The DR, ITAT Hyderabad
6 Guard File

By Order