Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, PANAJI BENCH :: PANAJI
Before: SHRI INTURI RAMA RAO & SHRI PARTHA SARATHI CHAUDHURY
Arihant Charitable Foundation vs CIT (Exemptions), Raibag, C/o Mahaveer Bhavan Bengaluru. Ankali Road, A/p Raibag, Tal-Raibag, Dist. Belgaum. PAN: AAEAA 4079 N Appellant Respondent Assessee by : None Revenue by : Shri Badrinath Yamaji Chavan, DR Date of hearing : 17/08/2023 Date of pronouncement : 21/08/2023 O R D E R
Per PARTHA SARATHI CHAUDHURY, JM:
This appeal preferred by the assessee emanates from the order of Commissioner of Income Tax [Exemptions], Bangalore (for short, ‘CIT(E)’), dated 31.03.2021 as per the grounds of appeal on record.
2. The assessee, by filing application dated 10/08/2023, seeks withdrawal of the appeal stating that society has been granted approval u/sec. 11(i) of first proviso to sub-section(5) of sec.80G on 24/02/2022 vide Unique Regd. No. AAEAA4079NF20217. Therefore, assessee-society had taken decision to withdraw the present appeal in consultation with its legal counsel and sought permission to withdraw this appeal. Arihant Charitable Foundation Raibag 3. Ld.DR has no objection to the prayer for withdrawal of the appeal.
We are of the considered view that the purpose for filing the present appeal is solved, therefore, assessee is permitted to withdraw the present appeal and the same is accordingly dismissed as withdrawn.
In the result, appeal of the assessee is dismissed as withdrawn.
Order pronounced in open Court on 21st August, 2023.