EVERLASTING FOUNDATION,KOLKATA vs. CIT(EXEMPTION), KOLKATA

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ITA 799/KOL/2024Status: DisposedITAT Kolkata22 July 2024Bench: SRI RAJPAL YADAV, VICE-PRESIDENT & SRI SANJAY AWASTHI, ACCOUNTANT MEMBER I.T.A. No.: 799/KOL/2024 Assessment Year: N.A. Everlasting Foundation...........................................................Appellant [PAN: AAGCE 3228 D] Vs. CIT (Exemption), Kolkata......................................................Respondent Appearances: Assessee represented by: Siddharth Agarwal, Adv. Department represented by: B.K. Singh, Addl. CIT. Date of concluding the hearing : July 9th, 2024 Date of pro2 pages

In favour of the Revenue: the assessee's appeal was dismissed. From the AI summary of this appeal.

AI SummaryDismissed

What did the Tribunal hold?

The tribunal allowed the assessee to withdraw the appeal. The appeal was consequently treated as dismissed for statistical purposes.

What were the facts?

The assessee made an oral mention before the tribunal seeking to withdraw the appeal. This withdrawal was based on the hope of relief after availing an opportunity as per Circular No. 7/2024 and filing Form-10AD.

What were the issues?

The primary issue was the assessee's request to withdraw the appeal based on a subsequent compliance and the tribunal's decision on such withdrawal requests.

Which sections of the Income-tax Act were involved?

N.A.

AI-generated summary — verify with the full judgment below

Income Tax Appellate Tribunal, KOLKATA ‘A’ BENCH, KOLKATA

Before: SRI RAJPAL YADAV, VICE- & SRI SANJAY AWASTHI

order

: July 22nd, 2024 ORDER

Per Sanjay Awasthi, Accountant Member:

In this case the ld. Counsel for the assessee Mr. Siddharth Agarwal made an oral mention before the Bench that since they are hoping for relief after having availed of the opportunity as per Circular No. 7/2024 dated 25.04.2024, they are withdrawing this appeal as they have filed Form-10AD on 23.05.2024. Accordingly, this appeal is allowed to be withdrawn and treated as dismissed for statistical purposes.

I.T.A. No.: 799/KOL/2024 Assessment Year: N.A. Everlasting Foundation.

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