Loading judgment…
Facts
The assessee trust had been granted registration for five years from AY 2022-23 to AY 2026-27. The appeal was preferred by the assessee trust against an order of the CIT (Exemptions).
Held
The assessee's Authorized Representative submitted that the appeal had become infructuous and wished to withdraw it. The Ld.DR had no objection.
Key Issues
Withdrawal of appeal as it has become infructuous.
Sections Cited
12A(1)(ac)(i) of the Income Tax Act, 1961
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, ‘D’ BENCH: CHENNAI
Before: SHRI ABY T. VARKEY & SHRI AMITABH SHUKLA
आदेश / O R D E R
PER ABY T. VARKEY, JM:
1. This is an appeal preferred by the assessee Trust against the order of the Learned Commissioner of Income Tax (Exemptions), (hereinafter in short "the Ld.CIT(E)”), Chennai, dated 25.03.2024.
At the outset, the Ld.AR of the assessee submits that the assessee has been granted registration for ‘five years’ from AY 2022-23 to AY 2026-27 u/s.12A(1)(ac)(i) of the Income Tax Act, 1961. Therefore, the appeal preferred by the assessee has become infructuous and therefore, wishes to withdraw the captioned appeal.
(AY -) Saraswathi Ammal Educational Trust 3. The Ld.DR doesn’t have any objection, therefore, we allow the assessee to withdraw the appeal.
In the result, appeal filed by the assessee is dismissed as withdrawn.
Order pronounced on the 28th day of August, 2024, in Chennai.