Sikhya Foundation vs. The CIT (Exemptions), Chandigarh

Parties Involved

Facts Summary

The appeal in this case was filed by the Assessee, Sikhya Foundation, against the order dated 23.02.2024 of the Commissioner of Income Tax Exemptions, Chandigarh. The Counsel for the Assessee submitted that the Assessee is not interested in pursuing the appeal as Form 10AC granting approval under section 80G(5) has been given by the Principal Commissioner of Income Tax (Exemptions) vide order dated 25.5.2024. The Department of Revenue had no objection to the Assessee’s request to withdraw the appeal.…

Legal Issues

• 1. Withdrawal of appeal by the Assessee

Judgment Outcome

Decided in favour of Assessee.

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