Case Number: ITA 824/DEL/2021
Appellant: All India Institute Of Valuers Foundation, Delhi
Respondent: CIT Exemption, New Delhi
Assessment Year: –
Result: –
Case Filed on: 2021-07-02
Order Type: Final Tribunal Order
Date of Order: 2022-09-30
Pronounced on: 2022-09-30
This appeal was filed by the All India Institute of Valuers Foundation against the order dated 25.03.2021 passed by the Commissioner of Income Tax (Exemption), New Delhi under Section 12AA(1)(b) read with Section 12A & 80G(5)(vi) of the Income Tax Act, 1961.
The appeals were directed against the rejection of the assessee’s application for registration under Section 12AA and approval under Section 80G of the Income Tax Act. The grounds of appeal included disputes over the eligibility and procedural aspects of these applications.
The case was heard by the Delhi Bench ‘A’ of the Income Tax Appellate Tribunal (ITAT), with Sh. Anil Chaturvedi, Accountant Member, and Sh. Narender Kumar Choudhary, Judicial Member, presiding over the matter. The appeal was scheduled for a hearing on 29.09.2022.
On 22.09.2022, the assessee filed a letter seeking to withdraw the appeals. The Revenue, represented by Shri Kanav Bali, Senior Departmental Representative (D.R.), did not object to the withdrawal request.
After considering the request and the lack of objection from the Revenue, the Tribunal decided to dismiss the appeals as withdrawn. The decision was made to streamline the process and avoid unnecessary litigation, given the assessee’s expressed intention to withdraw.
The Tribunal’s order to dismiss the appeals underscores the procedural flexibility and consideration given to the appellant’s request. The formal withdrawal of the appeals signifies the end of the dispute regarding the registration and approval under Sections 12AA and 80G of the Income Tax Act for the All India Institute of Valuers Foundation.
Order Pronounced: 30/09/2022
Judges: Narender Kumar Choudhary (Judicial Member), Anil Chaturvedi (Accountant Member)
Keywords: Income Tax Appellate Tribunal, Appeal Withdrawal, Section 12AA, Section 80G, CIT Exemption, All India Institute of Valuers Foundation.
All India Institute of Valuers Foundation vs CIT Exemption New Delhi: Appeal Withdrawal
Manage the increasing number of hearings effortlessly by leveraging the legal AI revolution We are India's Leading revolutionary AI-powered legal platform where you can get enough insights into top cases and judgements.
Research Platform