THE NEW LIFE EDUCATION SOCIETY,KAKINADA vs. ITO EXEMPTION WD, RAJAHMUNDRY

Facts

The assessee society's application for registration under Section 12AB of the Income Tax Act, 1961, was initially rejected by the CIT(Exemptions). The society filed an appeal against this order. Subsequently, the CIT(Exemptions) granted registration under Section 12AA based on a fresh petition filed by the assessee.

Held

Given that the assessee had obtained registration under Section 12AA, the appeal against the rejection under Section 12AB became superfluous. The assessee sought to withdraw the appeal, and the Departmental Representative did not object. The Tribunal dismissed the appeal as withdrawn.

Key Issues

Whether an appeal against the rejection of registration under Section 12AB should be dismissed as withdrawn when the assessee has subsequently obtained fresh registration under Section 12AA of the Income Tax Act.