Purusharth Yuvak Mandal Cheritable Trust, Rajkot V. The CIT (Exemption) , Ahmedabad

ITA 296/RJT/2023

• Counselvise Citation: [2024] 100 COUNSELVISE.COM (IT) 1881 (ITAT-RAJKOT)
• Duration Of Justice: 9 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-05-2024
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 29-05-2024
• Assessment Year: 2022-2023
• Appeal Filed On: 13-08-2023
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Charitable institution
• Section: 80G

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, RAJKOT BENCH, RAJKOT BEFORE DR. ARJUN LAL SAINI, ACCOUNTANT MEMBER AND SHRI DINESH MOHAN SINHA, JUDICIAL MEMBER आयकर अपील सं./ITA No.296/RJT/2023 Purusharth Yuvak Mandal Charitable Trust 8 Brahmania Para, Sant Kabir Road, Rajkot, Gujarat-360003 Vs. The Commissioner of Income Tax (Exemptions) Ahmedabad थायीलेखासं./जीआइआरसं./PAN/GIR No. : AABTP4875D (Appellant) (Respondent) Appellant by : Shri Darshak Thakkar, AR Respondent by : Shri Shramdeep Sinha, CIT.DR Date of Hearing : 30/05/2024 Date of Pronouncement : 31/05/2024 आदेश / O R D E R PER DR. ARJUL LAL SAINI, AM: Captioned appeal filed by the assessee is directed against the order passed by the Ld. CIT(Exemption), Ahmedabad, vide order dated 26.06.2023. 2. At the outset, Ld. Counsel for the assessee informs the Bench that assessee does not wish to press this appeal, as the assessee is going to file fresh application in Form No.10AB, under Section 80G(5) of the Act, before the Ld. CIT(E) for approval of the trust under Clause (iii) of First Proviso to Sub-section (5) of Section 80G of the Income Tax Act, 1961, therefore, the appeal of the assessee may be dismissed. Page | 2 ITA No.296/RJT/2023 Purusharth Yuvak Mandal Charitable Trust vs. CIT(E) 3. On the other hand, Ld. DR for the Revenue does not have any objection if the appeal is dismissed as withdrawn. 4. We have heard both the parties. We accept the prayer of the Ld. Counsel for the assessee and dismiss the appeal of the assessee, as withdrawn. 5. In the result, the appeal filed by the assessee is dismissed as withdrawn. Order is pronounced in the open court on 31/05/2024 Sd/- Sd/- (DINESH MOHAN SINHA) (Dr. A.L. SAINI) JUDICIAL MEMBER ACCOUNTANT MEMBER Rajkot / दनांक/ Date: 31/05/2024 True Copy Copy of the Order forwarded to 1. The Assessee 2. The Respondent 3. The CIT(A) 4. Pr. CIT 5. DR/AR, ITAT, Surat0 6. Guard File By Order Assistant Registrar/Sr. PS/PS ITAT, Rajkot