SHREE VAASU GOUDHAAM SEVA TRUST,HYDERABAD V. CIT(EXEMPTIONS), HYDERABAD

ITA 1280/HYD/2025

AI Insights

The case involved Shree Vaasu Goudhaam Seva Trust, which appealed against the decision of the Commissioner of Income Tax (Exemptions), Hyderabad, who had rejected their application for approval under section 80G of the Income Tax Act for the assessment year 2025-2026. However, before the tribunal could make a decision, the trust received approval for the following years and chose to withdraw their appeal. The tribunal accepted the withdrawal and dismissed the appeal accordingly.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 791561 (ITAT-HYDERABAD)
• Duration Of Justice: 4 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-12-2025
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Assessment Year: misc
• Appeal Filed On: 09-08-2025
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: NARENDRA KUMAR NAIK
• Assessee Lawyers: JASRAJ R SHRISHRIMAL

Judgement Text

" आयकर अपीलȣय अͬधकरण, हैदराबाद पीठ IN THE INCOME TAX APPELLATE TRIBUNAL Hyderabad ‘B’ Bench, Hyderabad BEFORE SHRI VIJAY PAL RAO, VICE PRESIDENT AND SHRI MANJUNATHA G. ACCOUNTANT MEMBER आ.अपी.सं /ITA No.1280/Hyd/2025 Assessment Year 2025-2026 Shree Vaasu Goudhaam Seva Trust, Secunderabad-500003. Telangana. PAN ABGTS9800B vs. The Commissioner of Income Tax (Exemptions), Hyderabad. (Appellant) (Respondent) िनधाŊįरती Ȫारा /Assessee by: Sri Jasraj R Shrishrimal, Advocate राज̾ व Ȫारा /Revenue by: Dr. Narendra Kumar Naik, CIT-DR सुनवाई की तारीख/Date of hearing: 09.12.2025 घोषणा की तारीख/Pronouncement: 09.12.2025 आदेश/ORDER PER VIJAY PAL RAO, VICE PRESIDENT : This appeal by the Assessee is directed against the Order dated 19.06.2025 of the learned Commissioner of Income Tax (Exemptions), Hyderabad, whereby the application of the assessee for approval u/sec.80G of the Income Tax Act, [in short “the Act”] 1961, was rejected. Printed from counselvise.com 2 ITA.No.1280/Hyd./2025 2. At the time of hearing, the learned Authorised Representative of the Assessee has filed an application dated 08.12.2025 for withdrawal of the present appeal along with subsequent order of approval u/sec.80G of the Act passed by the learned CIT(E). The learned Authorised Representative of the Assessee has submitted that since the approval u/sec.80G of the Act has been granted to the assessee for the assessment years 2026-2027 to 2028-2029, therefore, the assessee does not want to pursue the present appeal and the same may be allowed to be withdrawn. 3. On the other hand, learned DR has raised no objection to the present appeal of the assessee is dismissed as withdrawn. 4. Having considered the rival submissions and careful perusal of the application of the assessee, we find that earlier the assessee has applied for approval u/sec.80G for the assessment year 2025-2026 which was rejected by the learned CIT(E). Thereafter, the assessee has applied for approval u/sec.80G for the assessment years 2026-2027 to Printed from counselvise.com 3 ITA.No.1280/Hyd./2025 2028-2029 which was granted by the learned CIT(E) vide Order dated 05.12.2025. Therefore, in the facts and circumstances of the case, we accept the request of the assessee and allow the withdrawal of the present appeal. Consequently, the appeal of the assessee is dismissed as withdrawn. 5. In the result, appeal of the assessee is dismissed as withdrawn. Order pronounced in the open Court on the conclusion of the hearing i.e., on 09.12.2025. Sd/- Sd/- [MANJUNATHA G.] [VIJAY PAL RAO] ACCOUNTANT MEMBER VICE PRESIDENT Hyderabad, Dated 09th December, 2025 VBP Copy to : 1. Shree Vaasu Goudhaam Seva Trust, 7-2-772/2 C-9, Panna Complex, Pot Market, Secunderabad-500003. Telangana. 2. The Commissioner of Income Tax (Exemptions), IT Towers, Professor Elyas Burney Road, AC Guards, Hyderabad. 3. The. Addl./Joint CIT, Range-1, Hyderabad. 4. The DR, ITAT, “B” Bench, Hyderabad. 5. Guard file. BY ORDER, //True copy// Printed from counselvise.com "