Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, ‘C’ BENCH: CHENNAI
Before: SHRI ABY T. VARKEY & SHRI AMITABH SHUKLA
आदेश / O R D E R PER ABY T. VARKEY, JM:
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 04.03.2023 rejecting the registration u/s.12AB of the Income Tax Act, 1961 (hereinafter in short ‘the Act’).
At the outset, the Ld.AR of the assessee submitted that after the appeal had been filed before this Tribunal, there has been a development in this case and submitted that the Central Board of Direct Taxes issued (AY 20-) Ram Public Charitable Trust :: 2 ::
Circular No. 07 dated 25.04.2024, by virtue of which, assessee got a fresh opportunity to file application (extended time till 30.06.2024) and assessee availed the same, and has received the registration under Section 12A of the Act for five (5) assessment years (2022-23 to AY 2026-2027) in DIN: AACTR5541DE2020101 dated 03.07.2024. Hence, the present appeal arising out of the impugned order for the same relief has accordingly become academic / infructuous; and prays for withdrawal of appeal.
In the light of the aforesaid submissions, we are inclined to allow the assessee to withdraw the appeal and treat it as dismissed.
In the result, appeal filed by the assessee is dismissed as withdrawn.
Order pronounced on the 26th day of July, 2024, in Chennai.