SRI AGATHIAR ARANGAR SANMARGA CHARITABLE TRUST,TIRUPPUR vs. CIT (EXEMPTIONS), CHENNAI

This appeal filed by the assessee is directed against the order dated 16.03.2024 passed by the ld. Commissioner of Income Tax (Exemption), Chennai under section 80G of the Income Tax Act, 1961 [“Act” in short] and cancelling the provisional approval granted vide order dated 25.08.2022.

At the outset, by filing copy of acknowledgement receipt towards filing of fresh Application Form 10AB seeking approval/registration of the assessee Trust under section 80G of the Act in accordance with the Central Board of Direct Taxes Circular No.07/24 dated 25.04.2024, the ld. AR Ms. Sharren, Advocate prayed for withdrawal of the appeal filed by the assessee trust against which, the ld. DR Shri R. Clement Ramesh Kumar, CIT has not opposed the submissions of the ld. AR. Accordingly, the appeal filed by the assessee trust is dismissed as withdrawn.

In the result, the appeal filed by the assessee is dismissed. Order pronounced in the open Court on 22nd July, 2024 at Chennai.