Viswa Educational Society, Kurnool V. Commissioner of Income Tax, (Exemptions), Hyderabad

MA 58/Hyd/2021

• Counselvise Citation: [2022] 104 COUNSELVISE.COM (IT) 3540 (ITAT-HYDERABAD)
• Duration Of Justice: 11 month(s) 9 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 14-07-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 14-07-2022
• Assessment Year: misc
• Appeal Filed On: 05-08-2021
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: Y.V.S.T. SAI
• Section: 12AA

Judgement Text

आयकर अपील य अ धकरण , हैदराबाद पीठ म IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES “B”, HYDERABAD BEFORE SHRI RAMA KANTA PANDA, ACCOUNTANT MEMBER & SHRI K.NARASIMHA CHARY, JUDICIAL MEMBER व.आवे.सं / M.A. No.58/HYD/2021 (Arising out of ITA No. 1720/Hyd/2019) Viswa Educational Society, Kurnool [PAN: AAEAV2377G] Vs Commissioner of Income Tax (Exemptions), Hyderabad (आवेदक / Applicant) ( यथ / Respondent) नधा रती वारा/Assessee by: Shri K.A.Sai Prasad, AR राज व वारा/Revenue by: Shri Y.V.S.T.Sai, CIT-DR स ु नवाई क तार ख/Date of hearing: 15-07-2022 घोषणा क तार ख/Pronouncement on: 15-07-2022 आदेश / ORDER PER K. NARASIMHA CHARY, JM: Assessee filed this Miscellaneous Application to pass appropriate modification orders in the order dated 12/07/2021 passed in ITA No. 1720/ Hyd/2019 in tune with the decision of the Hon’ble Apex Court in the case of M/s.Ananda Social and Educational Trust Vs. CIT (2020) 426 ITR 340 (SC) stating that in the proceedings under section 12AA of the Income Tax Act, MA No. 58/Hyd/2021 Page 2 of 3 1961 (for short “the Act”) the commencement of the activities is nowhere a mandatory pre-condition. 2. Be that as it may, today when this matter is called Shri K.A. Sai Prasad, Ld. AR submitted that the assessee does not want to continue this MA and prayed the leave of the Bench to withdraw the same. Ld. DR submits no objection. Recording the same, MA is permitted to be withdrawn. 3. In the result, MA of the assessee is dismissed as withdrawn. Order pronounced in the open court on this the 15 th day of July, 2022 Sd/- Sd/- (RAMA KANTA PANDA) (K. NARASIMHA CHARY) ACCOUNTANT MEMBER JUDICIAL MEMBER Hyderabad, Dated: 15-07-2022 TNMM MA No. 58/Hyd/2021 Page 3 of 3 Copy forwarded to: 1. Viswa Educational Society, C/o.Katrapati & Associates, 1-1-298/2/B/3, 1 st Floor, Ashok Nagar, Hyderabad. 2. The CIT(Exemptions)-Hyderabad. 3. The Addl.CIT(Exemptions)-Vijayawada. 4. DR, ITAT, Hyderabad 5. GUARD FILE TRUE COPY ASSISTANT REGISTRAR ITAT, HYDERABAD