SRI. ADINATH SWETHAMBERJAIN SANGH,HOSPET vs. CIT, BANGALORE

This appeal is filed by the assessee trust against the order of the CIT(Exemptions), Bengaluru dated 29.10.2015 rejecting registration u/s. 12AA of the I.T. Act, 1961 [the Act].

During the course of hearing, the ld. counsel for the assessee pointed out to the assessee’s letter dated 16.08.2016 and submitted that the assessee seeks withdrawal of its appeal, since on a fresh application in Form No.10A by the assessee, the CIT(Exemptions) has granted registration u/s. 12AA of the Act and the appeal before the Tribunal has become infructuous. The ld. DR had no objection to the assessee’s plea. Accordingly, the appeal of the assessee is dismissed as withdrawn.