M.C Modi Educational Trust… vs ITO | ITAT Hyderabad 2022

Income Tax Appellate Tribunal, HYDERABAD BENCHES “B”: HYDERABAD

Before: SHRI LAXMI PRASAD SAHU & SHRI K. NARASIMHA CHARY

For Appellant: Shri Darshan Jakharia for Shri Laxminiwas Sharma

For Respondent: Shri Rohit Mujumdar

Hearing: 07/03/2022Pronounced: 08/03/2022

O R D E R PER Bench: This appeal filed by the assessee is directed against CIT(Exemptions), Hyderabad’s order dated 30/03/2021 involving proceedings u/s 263 of the Income Tax Act, 1961 ; in short “the Act”.

At the time of hearing, the assessee has placed on record an application dated 04.03.2022 requesting for the permission to withdraw its appeal. The learned

:- 2 -: M.C. Modi Educational Trust, Sec’bad. . Departmental Representative did not raise any objection to such prayer. We, therefore, permit the assessee to withdraw its appeal, which hereby stands dismissed as withdrawn. 3. In the result, assessee’s appeal is dismissed in above terms. Pronounced in the open court on 8th March, 2022.

M.C MODI EDUCATIONAL TRUST,SECUNDERABAD vs. ITO WARD-1(2), HYDERABAD