2012 (12) TMI 1090

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....y : Shri Rakesh Gupta Department by : Shri A.K. Khandelwal ORDER PER HARI OM MARATHA, J.M. This is a bunch of above captioned appeals filed by Krishi Upaj Mandi Samiti's of Sriganganagar , Gajsinghpur, Padampur and Raisinghnagar. In all these appeals, a common issue regarding claim of exemption u/s 11(1)(a) of the Act is involved. Therefore, for the sake of convenience and brevity, we ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s incurred out of surplus in the Public Deposit Account [P.D. A/c]. 3. Without much ado, we have found that the issue involved in this appeal and all the other appeals stands fully covered in favour of the appellants by the decision of this Bench rendered in the case of various samities, including these very samities dated 1.9.2009. The relevant para i.e. para 6 is being reproduced for ready re....