THE MUNICIPAL CO-OP BANK LTD., MUMBAI V. DCIT CIR-1(3)(2), MUMBAI

ITA 1825/MUM/2023

AI Insights

The case involved The Municipal Co-op Bank Ltd., which appealed against the order dated 20.3.2023 passed by the CIT(A), National Faceless Appeal Centre, Delhi. The appeal pertained to the assessment year 2013-14 and challenged the rejection of a deduction claimed under section 80G of the Income Tax Act. However, before the hearing, the assessee decided to withdraw the appeal, as communicated through a letter dated 4.8.2023. The tribunal, after considering the request, allowed the withdrawal and dismissed the appeal accordingly.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 136526 (ITAT-MUMBAI)
• Duration Of Justice: 2 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-08-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Next Hearing Date: 06-08-2023
• Assessment Year: 2013-2014
• Appeal Filed On: 21-05-2023
• Laws Referred To: Income Tax Act
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 80G

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL Mumbai “D” Bench, Mumbai. Before Shri B.R. Baskaran (AM) & Shri Sandeep Singh Karhail (JM) I.T.A. No. 1825/Mum/2023 (A.Y. 2013-14) The Municipal Co-op Bank Ltd. Municipal Bank Bhavan 245, P.D. Mellow Road, Fort Mumbai-400 001. PAN : AAAAT3942P Vs. DCIT, Circle 1(3)(2) Aayakar Bhavan M.K. Road Mumbai-40 0020. (Appellant) (Respondent) Assessee by None/letter filed Department by Smt. Mahita Nair Date of Hearing 07.08.2023 Date of Pronouncement 07.08.2023 O R D E R Per B.R.Baskaran (AM) :- The assessee has filed this appeal challenging the order dated 20.3.2023 passed by the learned CIT(A), National Faceless Appeal Centre, Delhi and it relates to A.Y. 2013-14. The assessee is aggrieved by the decision of the learned CIT(A) in confirming the rejection of deduction claimed under section 80G of the I.T. Act. 2. None appeared on behalf of the assessee. However, the assessee has furnished a letter dated 4.8.2023, wherein it is stated that the assessee wishes to with the appeal. Accordingly it is prayed that the appeal may be allowed to be withdrawn. 3. We heard learned DR and perused the record. As requested in the letter cited above we allow the assessee to withdraw the appeal. 2 4. In the result, appeal filed by the assessee is dismissed as withdrawn. Pronounced in the open court on 7.8.2023. Sd/- Sd/- (Saneep Singh Karhail) (B.R. Baskaran) Judicial Member Accountant Member Mumbai.; Dated : 07/08/2023 Copy of the Order forwarded to : 1. The Appellant 2. The Respondent 3. The CIT(A) 4. CIT 5. DR, ITAT, Mumbai. 6. Guard File. BY ORDER, //True Copy// (Assistant Registrar) PS ITAT, Mumbai