2012 (10) TMI 248

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....e for the petitioner. Ms. Savita Saxena, Advocate for the revenue. Ajay Kumar Mittal, J. CM No.8554 of 2012   1. Rejoinder to the written statement is taken on record. Civil Miscellaneous application stands disposed of. CWP No.1391 of 2012 2. The petitioner claims that it is a charitable institution and is entitled for benefit under Section 10(23C) (iiiad) of the Income Tax ....

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.... accordance with the rates approved by the Government of Punjab and Indian Nursing Council, Delhi. On 27.9.2010, Annexure P.2, application in Form No.56D supported with documents praying for grant of exemption for the period from 31.3.2010 to 31.3.2013 under Section 10(23C) (iiiad) of the Act was made. On 11.8.2011, Annexure P.5, notice was issued to the petitioner requiring it to produce the book....

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....ssee was required to explain regarding the utilization of surplus funds for the assessment years 2006-07 to 2010-11 and whether it was applying its profits wholly and exclusively for the objects for which it was established. According to the learned counsel, respondent No.3 had recorded that the assessee had not given any details with regard to the aforesaid information which could have been exami....

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....r years and the year under consideration, and all other details were duly submitted on record. The learned AO never found any discrepancy, nor she has made any local enquiries by visiting the institution which is reputed and well know in Punjab. There is no violation of any object nor there any commercial activity. The petitioner therefore awaited fair justice. However, we are shocked to find now ....