2022 (4) TMI 1658 - SCH - Income Tax

Exemption u/s 11 - admittedly the assessee got registration U/s 12AA from A.Y. 15-16 - Exemption claim from prospective effect that is from assessment year 2011-12 - HELD THAT - Learned counsel for the petitioner submits that he has instructions to withdraw the instant petition has accordingly been filed. The instant Special Leave Petition is dismissed as withdrawn.

Summary

The Supreme Court of India, comprising Hon'ble Justices Uday Umesh Lalit, S. Ravindra Bhat, and Pamidighantam Sri Narasimha, heard the matter wherein the petitioner, through counsel, submitted instructions to withdraw the Special Leave Petition. Consequently, the Court dismissed the petition as withdrawn. The key order states: "The instant Special Leave Petition is dismissed as withdrawn."