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Income Tax Appellate Tribunal, CHANDIGARH
Before: SHRI A.D.JAIN & SHRI VIKRAM SINGH YADAV
आदेश/ORDER
PER A.D.JAIN, VICE PRESIDENT
This is assessee's appeal for assessment year 2024-25 against the order of the ld. Commissioner of Income Tax (Exemptions), Chandigarh dated 04.10.2023.
The ld. counsel for the assessee has filed an Application dated 28.08.2024 seeking permission to withdraw the appeal. The contents of the withdrawal application are reproduced hereunder:
ITA 802/CHD/2023 2
This is in reference to captioned matter fixed for hearing on 29.08.2024. In this regard it is submitted as under:
1 That present appeal was preferred by appellant against order of CIT Exemptions (Chandigarh) dated 08.08.2023 rejecting application filed for regular approval in Form No. 10AB under clause (iii) of first proviso to S. 80G(5) of the Act being barred by limitation.
2 It is submitted that in view of para 4.1. of latest circular passed by CBDT i.e. CIRCULAR NO. 7/2024 [F.NO. 173/25/2024-1TA-IJ, DATED 25-4-2024 (copy attached) extending limitation for applying registration till 30.06.2024, appellant has filed fresh application for registration in Form No. 10AB under clause (iii) of first proviso to S. 80G(5) of the Act vide acknowledgement no. 232608020220524 dated 22 May 2024.
3 For the above reasons we have been directed to withdraw the instant appeal.
The ld. DR has posed no objection to the request of the assessee.
In view of the above facts and circumstances, the appeal of the assessee is dismissed as withdrawn.
In the result, the appeal of the assessee is dismissed as withdrawn.
Order pronounced on 5th September, 2024.