OLIVE INTERNATIONAL EDUCATION FOUNDATION,GANDHINAGAR vs. THE DY.CIT, CIRCLE-1 (EXEMPTION), AHMEDABAD
Income Tax Appellate Tribunal, “D” BENCH, AHMEDABAD
Before: DR. B.R.R. KUMAR, VICE-Ms. SUCHITRA KAMBLE
PER DR. B.R.R. KUMAR, VICE-PRESIDENT:-
This appeal has been filed by the assessee against the order passed by the Ld. Commissioner of Income Tax (Appeal), Mumbai, dated 07.11.2024, relating to the Assessment Year 2018-19. 2. The assessee has raised the following grounds of appeal:
That on facts, and in law, the learned AO and Addl/ JCIT (A)-3 have grievously erred in not considering the Revised Return appellant returning income at Rs. Nil.
That on facts, and in law, the learned Addl/JCIT (A)-3 has grievously erred in confirming the disallowance of claim of exemption u/s 11, 11(1)(a) of the Act for delayed filing of Form 10BB. Olive International Education Foundation Vs.D CIT Asst. Year : 2018-19 - 2–
That on facts, and in law, the delay in filing Form 10BB ought to have been condoned, as prayed for.
The appellant craves liberty to add, alter, amend any ground of appeal.
At the outset, we notice that the assessee has filed a letter dated 01.09.2025 stating its intension to withdraw the appeal. The relevant extract of the letter is reproduced as under:
“…The Advocate for the above named most respectfully begs to submit as under:-
That the hearing of the above appeal is fixed on 02/09/2025. However, the undersigned may kindly be permitted to withdraw the above appeal, and oblige…”
In view of the above, we dismiss the appeal of the assessee as withdrawn
In the result, the appeal of the assessee is dismissed.
The order is pronounced in the open Court on 04.09.2025. (SUCHITRA KAMBLE)
VICE-PRESIDENT
()
Ahmedabad; Dated 04.09.2025
MV
Olive International Education Foundation Vs.D CIT
Asst. Year : 2018-19
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आदेश की Ůितिलिप अŤेिषत/Copy of the Order forwarded to :
अपीलाथŎ / The Appellant 2. ŮȑथŎ / The Respondent. 3. संबंिधतआयकरआयुƅ / Concerned CIT 4. आयकर आयुƅ(अपील) / The CIT(A)- 5. िवभागीय Ůितिनिध, आयकर अपीलीय अिधकरण, अहमदाबाद / DR, ITAT, Ahmedabad 6. गाडŊ फाईल / Guard file.
आदेशानुसार/ BY ORDER,सहायक पंजीकार (Dy./Asstt.