Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, ‘B’ BENCH, CHENNAI
Before: HON’BLE SHRI MANU KUMAR GIRI
आयकर अपीलीय अिधकरण ‘’बी’ �ायपीठ चे�ई म�। IN THE INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH, CHENNAI माननीय �ी मनु कुमार िग�र, �ाियक सद� एवं माननीय �ी अिमताभ शु�ा . लेखा सद� के सम�। BEFORE HON’BLE SHRI MANU KUMAR GIRI, JUDICIAL MEMBER AND HON’BLE SHRI AMITABH SHUKLA, ACCOUNTANT MEMBER आयकरअपील सं./ Natakhapriya Trust, Vs. The Commissioner of Income Tax, No.13A, V Trust Cross Street, Exemptions, Mandavellipakkam, Chennai. Chennai 600 028. [PAN: AABTN 9477F] (अपीलाथ�/Appellant) (��यथ�/Respondent) अपीलाथ� क� ओर से/ Appellant by : Shri D. Anand, Advocate ��यथ� क� ओर से /Respondent by : Shri V. Nandakumar, IRS, CIT. सुनवाई क� तार�ख/Date of Hearing : 21.08.2024 घोषणा क� तार�ख /Date of Pronouncement : 23.08.2024 आदेश / O R D E R MANU KUMAR GIRI (Judicial Member)
Aggrieved by rejection of application filed in Form No.10AB on 03.10.2023 for seeking approval under clause (ii) of first proviso to subsection (5) of Sec.80G vide impugned order dated 09.04.2024, the assessee is in further appeal before us.
At the outset, the ld.Counsel for the assessee submitted that assessee has already obtained approval u/s80G of the Act. However, the assessee inadvertently again filed the application in Form 10AB seeking approval hence, the assessee is seeking to withdraw the present appeal. The ld.Counsel also prayed that if the present appeal is withdrawn, the earlier approval granted would not be disturbed in any manner by this withdrawal.
We have heard both the parties. The ld.DR did not oppose the prayer of assessee. We allow assessee to withdraw this appeal as the ld.Counsel has prayed. We also make clear that the earlier approval granted u/s 80G by the ld.CIT(E) will not be tinkered with in any manner pursuant to withdrawal of this present appeal.
The appeal stand dismissed as withdrawn in terms of our above order.
Order pronounced in the open court on 23rd day of August, 2024 at Chennai.