2018 (9) TMI 1318

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....ryavanshi, learned counsel For the Respondents : Shri D.P.S. Bhadauriya, learned counsel ORDER With the consent of learned counsel for the parties, the matter is finally heard. Challenge is to an order dated 19/03/2018 passed by Principal Commissioner of Income Tax, whereby Revision under Section 264 of the Income Tax Act, 1961, filed by the petitioner has been dismissed. The Revision ....

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....2009-10. It is urged that though the Revisional Authority took note of the grounds and contentions raised in the Revision, however, glossing over the same passed the order on merit dismissing the revision and upholding the demand raised, on the findings that the petitioner is not entitled for exemption under Section 10(23C)(iiiad) of 1961 Act. The order which is under challenge is in the follow....

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....AABTR3494C. However, jurisdiction over the case lies with ACIT, Circle-I, Gwalior. The fees receipts issued by the institution has been examined and it has been found that assessee is receiving fees on commercial basis as such, it cannot be said that institution is running solely for educational purpose and not for the purpose of profit which is also evident from income and expenditure ac....

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....ken by the petitioner against the affidavit filed by the Revisional Authority justifying the order, which as per the petitioner is impermissible, as the order under challenge has been passed by the Authority concerned in her capacity of quasi-judicial Authority. Be that as it may. Learned counsel appearing for respondents fairly submits that the petitioner/assessee had raised a ground regarding....