Sri. Adinath SwethamberJain Sangh, Hospet V. CIT, Bangalore

ITA 27/BANG/2016

• Counselvise Citation: [2016] 131 COUNSELVISE.COM (IT) 9275 (ITAT-BANGALORE)
• Duration Of Justice: 10 month(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-11-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 24-11-2016
• Assessment Year: misc
• Appeal Filed On: 12-01-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: Y D SHARMA
• Assessee Lawyers: BALACHANDER
• Section: 12AA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH : BANGALORE BEFORE SHRI VIJAY PAL RAO, JUDICIAL MEMBER AND SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER ITA NO.27/BANG/2016 ASSESSMENT YEAR : N.A. SRI ADINATH SWETHAMBER JAIN SANGH, MAIN BAZAAR, HOSPET 583 201. PAN: AAPTS 0374L VS. THE COMMISSIONER OF INCOME TAX (E), BANGALORE. APPELLANT RESPONDENT APPELLANT BY : SHRI BALACHANDER, ADVOCATE RESPONDENT BY : SHRI Y.D. SHARMA, STANDING COUNSEL DATE OF HEARING : 24.11.2016 DATE OF PRONOUNCEMENT : 24.11.2016 O R D E R PER VIJAY PAL RAO, JUDICIAL MEMBER THIS APPEAL IS FILED BY THE ASSESSEE TRUST AGAINS T THE ORDER OF THE CIT(EXEMPTIONS), BENGALURU DATED 29.10.2015 REJECTI NG REGISTRATION U/S. 12AA OF THE I.T. ACT, 1961 [THE ACT]. 2. DURING THE COURSE OF HEARING, THE LD. COUNSEL F OR THE ASSESSEE POINTED OUT TO THE ASSESSEES LETTER DATED 16.08.20 16 AND SUBMITTED THAT THE ASSESSEE SEEKS WITHDRAWAL OF ITS APPEAL, SINCE ON A FRESH APPLICATION IN ITA NO.27/BANG/2016 PAGE 2 OF 2 FORM NO.10A BY THE ASSESSEE, THE CIT(EXEMPTIONS) HA S GRANTED REGISTRATION U/S. 12AA OF THE ACT AND THE APPEAL BE FORE THE TRIBUNAL HAS BECOME INFRUCTUOUS. THE LD. DR HAD NO OBJECTION TO THE ASSESSEES PLEA. ACCORDINGLY, THE APPEAL OF THE ASSESSEE IS DISMISSE D AS WITHDRAWN. PRONOUNCED IN THE OPEN COURT ON THIS 24 TH DAY OF NOVEMBER, 2016. SD/- SD/- ( INTURI RAMA RAO ) (VIJAY PA L RAO ) ACCOUNTANT MEMBER JUDIC IAL MEMBER BANGALORE, DATED, THE 24 TH NOVEMBER, 2016. /D S/ COPY TO: 1. APPELLANT 2. RESPONDENTS 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE. 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR, ITAT, BANGALORE.