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TMI Blog2018 (1) TMI 1701X X X X Extracts X X X X X X X X Extracts X X X X ..... mt. Kiran Papneja. For the Department : Smt. Chandrakanta. ORDER PER BENCH : All the above appeals have been filed by Revenue against the order of Ld. CIT(A), Patiala dt. 29/06/2017 on the following grounds: 1. That on the facts and circumstances of the case, the Ld. CIT(A) has erred in law in not considering the fact that the society is not wholly or substantially financed by the Govt. whi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing to the same assessee were heard together and being disposed of by this consolidated order for the sake of convenience as the issues involved in all these appeals are similar. 3. Brief facts of the case are that the assessee is running an institute of Engineering and Technology at Lehra Gaga. 4. The Assessing Officer has disallowed the exemption claimed by the assessee under section 10(23)(c) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the Principal Secretary Govt. of Punjab to the effect that the institute is fully owned and controlled by the Govt. 7. Before us the Ld. DR relied on the order of the Assessing Officer whereas the Ld. AR relied on the order of the Ld. CIT(A). 8. We have heard Ld. Representatives of both the parties and also perused the material placed before us. The contents of the letter issued by the Prin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ciety. The fees structure and courses of the institution are prescribed by Government of Punjab, reviewed on annual basis as decided by the Committee of the Department of Technical Education and Industrial Training Punjab and Chandigarh. The revenue generated by Institute belongs to the Consolidated fund of the Government and the same has been permitted to be retained by the institution for ac ..... X X X X Extracts X X X X X X X X Extracts X X X X
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