VIJAY EDUCATIONAL TRUST,NAMAKKAL vs. ITO (EXEMPTIONS), SALEM

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 21.03.2024, rejecting application filed for registration u/s.12AB of the Act on 22.09.2023 in Form 10AB u/s.12A(1)(ac)(iii) of the Income Tax Act, 1961 (hereinafter in short "the Act”).

At the outset, the Ld.AR, Shri T.S. Lakshmi Venkataraman, brought to our notice that assessee have been granted registration u/s.12A(1)(ac)(i) of the Act for five (5) years from AYs 2022-23 to 2026- 27 on 01.06.2024. Since, assessee’s grievance has been redressed; it wishes to withdraw the captioned appeal. The Ld.DR doesn’t raise any objection. Therefore, we allow the assessee to withdraw the appeal.

In the result, appeal filed by the assessee is dismissed as withdrawn.