K A MATHEW FOUNDATION,KOCHI vs. ITO (EXEMPTION), KOCHI
Facts
K.A. Mathew Foundation, the assessee, filed an appeal against an order of the Commissioner of Income Tax (Exemption), Kochi for Assessment Year 2024-25. During the hearing, the assessee's counsel sought to withdraw the appeal as the CIT (Exemption) had subsequently granted the required approval in Form 10AS.
Held
The Tribunal permitted the assessee to withdraw the appeal, acknowledging that the CIT (Exemption) had already granted the necessary approval in Form 10AS. Consequently, the appeal filed by the assessee was dismissed as withdrawn.
Key Issues
Whether the assessee's appeal against the Commissioner of Income Tax (Exemption) order could be withdrawn following the subsequent grant of approval in Form 10AS.
Sections Cited
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, COCHIN BENCH
Before: SHRI INTURI RAMA RAO, AM & SHRI KESHAV DUBEY, JM
IN THE INCOME TAX APPELLATE TRIBUNAL COCHIN BENCH BEFORE SHRI INTURI RAMA RAO, AM AND SHRI KESHAV DUBEY, JM ITA No. 407/Coch/2024 Assessment Year: 2024-25 K.A. Mathew Foundation .......... Appellant OEN House, Post Box No. 1952 Vyttila, Kochi 682019 [PAN: AAATK2458C] vs. Commissioner of Income Tax (Exemption) .......... Respondent Aayakar Bhavavan, Old Railway Station Road, Kochi 682018 Appellant by: Shri Gopi K., CA Respondent by: Shri Sanjit Kumar Das, CIT-DR Date of Hearing: 27.01.2025 Date of Pronouncement: 19.02.2025
O R D E R Per: Inturi Rama Rao, AM This appeal filed by the assessee is directed against the order of the Commissioner of Income Tax (Exemption), Kochi dated 22.03.2024 for Assessment Year (AY) 2024-25.
When the matter was called on the learned counsel for the assessee filed a letter stating that the appellant intends to withdraw the appeal, as the CIT (Exemption), Kochi granted approval in Form
2 ITA No. 407/Coch/2024 K.A. Mathew Foundation 10AS vide order dated 11.12.2024. Accordingly, we permit the assessee to withdraw the appeal.
In the result, appeals filed by the assessee are dismissed as withdrawn.
Order pronounced in the open court on 19th February, 2025. 4.
Sd/- Sd/- (KESHAV DUBEY) (INTURI RAMA RAO) JUDICIAL MEMBER ACCOUNTANT MEMBER Cochin, Dated: 19th February, 2025 n.p. Copy to: 1. The Appellant 2. The Respondent 3. The Pr. CIT concerned 4. The Sr. DR, ITAT, Cochin 5. Guard File By Order
Assistant Registrar ITAT, Cochin