LOKHANDWALA FOUNDATION CHARITABLE TRUST, MUMBAI V. DIT (E), MUMBAI

ITA 4003/MUM/2011

• Counselvise Citation: [2012] 119 COUNSELVISE.COM (IT) 8531 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 4 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-10-2012
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 04-10-2012
• Assessment Year: misc
• Appeal Filed On: 13-05-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SURINDER VIT SING H
• Keywords: Charitable institution
• Section: 80G

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH A, MUMBAI BEFORE SHRI I.P.BANSAL,JUDICIAL MEMBER & SHRI RAJENDRA, ACCOUNTANT MEMBER ITA NO.4003/MUM/2011 LOKHANDWALA FOUNDATION CHARITABLE TRUST, 72, GANDHI NAGAR, DAINIK SHIVNAR MARG, OPP. MUNICIPAL INDUSTRIAL ESTATE, WORLI, MUMBAI - 400 018. PAN:AAATL 4218K (APPELLANT) VS. THE DIRECTOR OF INCOME TAX (EXEMPTION), 6 TH FLOOR, PIRAMAL CHAMBER, MUMBAI 400 012. (RESPONDENT) APPELLANT BY : SHRI JITENDRA SANGHAVI RESPONDENT BY : SHRI SURINDER VIT SIN GH DATE OF HEARING : 04/10/2012 DATE OF PRONOUNCEMENT : 04 /10/2012 ORDER PER I.P.BANSAL, J.M THIS IS AN APPEAL FILED BY THE ASSESSEE AGAINS T ORDER PASSED BY DIRECTOR OF INCOME TAX (EXEMPTION) DATED 18/4/2011 REJECTING THE REQUEST OF THE ASSESSEE FOR RENEWAL OF APPROVAL UNDER SECTION 80G OF THE INCOME TAX ACT, 1961. 2. VIDE LETTER DATED 28/9/2012 THE ASSESSEE HAS SOU GHT THE PERMISSION TO WITHDRAW THE PRESENT APPEAL. LD. D.R DID NOT HA VE ANY OBJECTION TO SUCH REQUEST OF THE ASSESSEE. ACCORDINGLY THE ASSESSEE IS GRANTED PERMISSION TO WITHDRAW THE APPEAL AND THE APPEAL IS TREATED DISM ISSED AS WITHDRAWN. ITA NO.4003/MUM/2011 2 3. IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON THE 4 TH DAY OF OCTOBER,2012. SD/- SD/- (RAJENDRA ) (I.P.BANSAL) ACCOUNTANT MEMBER JUDICIAL MEMBER MUMBAI, DATED 4 TH OCT., 2012. COPY TO: 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT CITY CONCERNED 4. THE CIT(A)- CONCERNED 5. THE D.R A BENCH. (TRUE COPY) BY ORDER ASST. REGISTRAR, I TAT, MUMBAI BENCHES MUMBAI. VM.