Commissioner of Income Tax (Exemptions) v. M/S Jyoti Vidyapeeth Trust
Case brief
What is this about?
The Income Tax Appeals Bench at Jaipur allowed the withdrawal of Income Tax Appeals No. 1/2019 and 36/2021, citing a CBDT circular allowing withdrawal for tax effects under Rupees Two Crores, accepting counsel plea. Appeals dismissed as withdrawn.
What did the court decide?
Appeals allowed as withdrawn; dismissed as withdrawn in view of CBDT circular dated 17.09.2024.