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Facts
The assessee moved an application for withdrawal of the appeal during the course of the hearing. The appeal was filed against the rejection order for registration under section 12AA of the Act. The revenue had no objection to the withdrawal.
Held
The Tribunal perused the application for withdrawal and noted that it was duly signed by the assessee. The Tribunal permitted the assessee to withdraw the appeal.
Key Issues
Whether the assessee is permitted to withdraw the appeal filed against the rejection order for registration under section 12AA of the Act.
Sections Cited
12AA
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Income Tax Appellate Tribunal, RAJKOT BENCH, RAJKOT
Before: DR. ARJUN LAL SAINI, AM &
आदेश /ORDER PER DINESH MOHAN SINHA, JM: During the course of hearing the AR of the Assessee has moved an application for withdrawal of appeal. The said application is reproduced. 1. This appeal has been filed against the rejection order for registration under section 12AA of the Act. 2. We do not wish to pursue the matter in litigation. 3. In view of the above permission is sort to withdraw the appeal. On the contrary AR of the revenue has no objection if the assessee is permitted to withdraw the appeal. We have heard the matter, we peruse the application for withdrawal.
The application is dully signed by assessee and the same is placed on record. We hereby permit to the assessee to withdraw the appeal. In the result, the appeal of the assessee (in AY.2024-25) is dismissed as withdrawn.
Order is pronounced in the open court on 06/10/2025.