JAMMU AND KASHMIR TRADE PROMOTON ORGANIZATION, SRINAGAR V. COMMISSIONER OF INCOME TAX (EXEMPTIONS), CHANDIGARH

ITA 38/ASR/2020

AI Insights

The case involved the Jammu & Kashmir Trade Promotion Organization, which had initially filed an appeal concerning the registration under section 12AA of the Income Tax Act with the CIT (Exemptions), Chandigarh. However, due to changes in circumstances and the grounds on which the original application was filed, the organization decided to withdraw the appeal. They intend to reapply for registration under section 12AB, which is a revised provision for the registration of charitable and religious trusts and institutions. The withdrawal was unopposed by the Departmental Representative.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 114602 (ITAT-AMRITSAR)
• Duration Of Justice: 3 year(s) 6 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-08-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 31-07-2023
• Assessment Year: 2019-2020
• Appeal Filed On: 16-01-2020
• Laws Referred To: Section 12AA, Section 12AB
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH, AMRITSAR BEFORE DR. M. L. MEENA, ACCOUNTANT MEMBER AND SH. ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A. No. 38/Asr/2020 Assessment Year: NA Jammu & Kashmir Trade Promotion Organization, Old Secretariat, Srinagar [PAN: AAECJ 2707Q] (Appellant) V. CIT (Exemptions) Chandigarh, Aayakar Bhawan, Sector 17E (Respondent) Appellant by None Respondent by Sh. Anupam Kant Garg, CIT-DR Date of Hearing : 01.08.2023 Date of Pronouncement : 03.08.2023 ORDER Per Dr. M. L. Meena, AM: This appeal has been filed by the assessee against the order of the Ld. Commissioner of Income Tax (Exemptions), Chandigarh dated 20.12.2019. 2. The ld. counsel for the assessee has filed an application dated 31.07.2023, requesting to withdraw the appeal, contending as under: ITA No. 38/Asr/2020 Jammu & Kashmir T. P. Org. v. CIT 2 “The case mentioned above has been fixed for hearing on 1 st august 2023. We want to bring the information to your notice that we have filed the case before you for granting the registration u/s 12AA, However due to passage of time, the scenarios and grounds on which application was filed has now been changed and therefore does not fulfill the requirements under the case. We have accordingly decided that we should withdraw the case and reapply for registration u/s 12AB with the Commissioner (Exemption) Income Tax Department, Chandigarh. Therefore, it is humbly requested to place the request before the Hon'ble Tribunal for kindly allowing us to withdraw the case so that we can apply with the CIT (Exemption) for the registration with fresh and updated documents.” 3. The Ld. D.R. has no objection. 4. Accordingly, the ld. counsel is allowed to withdraw the appeal. 5. In the result, the appeal filed by the assessee is dismissed as withdrawn. Order pronounced in the open court on 03.08.2023 Sd/- Sd/- (Anikesh Banerjee) (Dr. M. L. Meena) Judicial Member Accountant Member *GP/Sr./P.S.* Copy of the order forwarded to: (1)The Appellant (2) The Respondent (3) The CIT (4) The CIT (Appeals) (5) The DR, I.T.A.T. True Copy By Order