Acharya Vijay Jaykunjar Surishwarji Smruti Trust, Ahmedabad V. The Commissioner of income tax(Exemption), Ahmedabad

ITA 1040/AHD/2023

• Counselvise Citation: [2024] 100 COUNSELVISE.COM (IT) 1554 (ITAT-AHMEDABAD)
• Duration Of Justice: 6 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-06-2024
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Next Hearing Date: 17-06-2024
• Assessment Year: misc
• Appeal Filed On: 11-12-2023
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: HARDIK MEHTA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH, AHMEDABAD BEFORE Ms. SUCHITRA RAGHUNATH KAMBLE, JUDICAL MEMBER & SHRI NARENDRA PRASAD SINHA, ACCOUNTANT MEMBER आयकर अपील सं./I.T.A. No. 1040/Ahd/2023 ( नधा रण वष / Assess ment Ye ar : --- -) Ac ha ry a Vij ay J ay ku nj ar Su ri shw arji S mr ut i T ru st 14 85/ 1, N ea r Tu tor i al Hi gh Sc ho ol, T an mk sh al , Kal up ur , Ah me da ba d, Gu jar at 3 80 00 1 बनाम/ V s . Co mmi s si on er of Inco me (Ex e mp tio n) Ah me da bad थायी लेखा सं./जीआइआर सं./P A N / G IR N o . : A A D T A 3 5 4 7 P (Appellant) . . (Respondent) अपीलाथ ओर से /Appellant by : Shri Hardik Mehta, A.R. यथ क ओर से/Respondent by : Dr. Darsi Suman Ratnam, CIT. DR D a t e o f H e a r i n g 18/06/2024 D a t e o f P r o n o u n c e m e n t 20/06/2024 O R D E R PER SHRI NARENDRA PRASAD SINHA, AM: This appeal is filed by the applicant Trust against the order of the Co mmissioner of Inco me Tax ( Exe mption), Ah medabad (in short ‘the CIT( E) ’) dated 30.05.2022 granting provisional registration to the Trust under S ection12A(1)(ac)( vi) of the Inco me Tax Act, 1961 (hereinafter referred to as ‘the Act’). 2. The grounds of the appeal raised by the assessee are as under: “1. On the facts and in circumstances of the case M as well as law on the subject, the learned Commissioner of Income Tax (Exemption) has erred in issuing Form 10AC w.e.f. A.Y. 2023- 24 instead of A.Y. 2022-23. ITA No. 1040/Ahd/2023 [Acharya Vijay Jaykunjar. Surishwarji Smruti Trust vs. CIT(E)] - 2 – 2. On the facts and in circumstances of the case M as well as law on the subject, the learned Commissioner of Income Tax (Exemption) has erred in not considering that due date for filing of Form 10A for A.Y. 2022-23 was extended till 30.09.2023 as per circular 06/2023. 3. On the facts and in circumstances of the case M as well as law on the subject, the learned Commissioner of Income Tax (Exemption) has erred in not considering that application was filed under sub-clause (vi) of section 12A(1)(ac) of the Act inspite of the fact that the trust was in existence since more than last 12 years only for the reason that portal was not allowing to file the application under sub- clause (i). 4. Alternatively, on the facts and in circumstances of the case as well as law on the subject, the learned Commissioner of Income Tax (Exemption) has erred in not condoning the delay.” 3. The assessee trust had filed application for provisional registration of the Trust for A.Y. 2 022-23 onwards. However , the Ld. CI T(E) vi de the i mpugned order had granted provisional registration for A.Y. 2023-24 to 2025-26 only. The gr ievance of the assessee is regarding non-granting of provisional registration for A.Y. 2022-23. In the course of hearing, the ld. AR submitted that the matter was covered by the recent CBDT Cir cular No. 07/2024 dated 07 t h April, 2024 whereb y ti me fo r making application has been extended till 30.06.2024 and, therefore, he requested for permission for withdrawal of this appeal. A cop y of the letter dated 18.06.2024 requesting for withdrawal of appeal is reproduced: “ Wi t h r e g a r d t o a b o v e s u b j e c t s a n d r e f e r e n c e , k i n d ly n o t e t h a t t h e i s s u e u n d e r c o n s i d e r a t i o n w a s p e r t a i n i n g t o c o n d o n at i o n o f d e l a y i n f i l i n g o f a p p l i c a t i o n o f r e g i s t r a t i o n u / s 1 2 A o f t he A c t . C o n s i d e r i n g t h a t t h e m a t t e r i s c o v e r e d b y t h e r e c e n t C B D T C i r c u l a r 07 / 2 0 2 4 d a t e d 0 7 A p r i l , 2 0 2 4 e x t e n d i n g t h e t i m e f o r m a k i n g a p p l i c a t io n t i l l 3 0 . 0 6 . 2 0 2 4 , w e r e q u e s t t h e H o n o u r a b l e B e n c h t o g r a n t p e r m i s s i o n f or w i t h d r a w a l o f a p p e a l . ” 4. We have considered the request of the assessee. The C BDT vide Circular No. 07/2024 dated 07 t h April, 2024 has clarified that if any existing trust who had failed to file Form No.10A for ITA No. 1040/Ahd/2023 [Acharya Vijay Jaykunjar. Surishwarji Smruti Trust vs. CIT(E)] - 3 – A.Y. 2022-23 within due date as extended by the CB DT Circular No.6/2023 dated 24.05.2023 and subsequently applied for provisional registration as a new trust and has received For m No . 10AC, it can avail the option to surrender the said For m No.10AC and apply for registration for A.Y. 2022-23 as an existing trust in For m No . 10A within the extended ti me i.e. 30.06.2024. Thus, this Circular is squarel y applicable to the fa cts of the pr esent case and the assessee is eligible to file a fresh For m No.10A for A.Y. 2022-23 within the extended ti me of 30.06.2024. In v iew of the extension of ti me li mit b y the C B DT, the present a ppeal has beco me infructuous. We , therefore , accede to the request of the assessee for withdrawal of this appeal. 5. In the result, appeal preferred b y th e assessee is dis missed as withdrawn. This Order pronounced on 20/06/2024 Sd/- Sd/- (SUCHITRA RAGHUNATH KAMBLE) (NARENDRA PRASAD SINHA) JUDICIAL MEMBER ACCOUNTANT MEMBER Ahmedabad; Dated 20/06/2024 S. K. SINHA True Copy आदेश क त ल प अ े षत/Copy of the Order forwarded to : 1. अपीलाथ / The Appellant 2. यथ / The Respondent. 3. संबं धत आयकर आय ु त / Concerned CIT 4. आयकर आय ु त(अपील) / The CIT(A)- 5. "वभागीय &त&न ध, आयकर अपील)य अ धकरण, अहमदाबाद / DR, ITAT, Ahmedabad 6. गाड/ फाईल / Guard file. आदेशान ु सार/ BY ORDER, उप/सहायक पंजीकार (Dy./Asstt. Registrar) आयकर अपील$य अ%धकरण, अहमदाबाद / ITAT, Ahmedabad