Facts of the Case
The assessee, S.D. Education Society, is an educational
society engaged in running educational institutions and claiming exemption
under Section 10(23C)(vi) of the Income Tax Act, 1961.
For Assessment Years 2012-13 and 2013-14, the assessee filed
its return declaring Nil income by claiming exemption under Section
10(23C)(vi).
During the assessment proceedings, the Assessing Officer (AO)
asked the assessee to produce a valid exemption certificate granted by the
Chief Commissioner of Income Tax (CCIT). The assessee submitted that:
- Exemption
under Section 10(23C)(vi) had earlier been granted by the CCIT vide order
dated 26.03.2008 for AY 2007-08 and 2008-09.
- The
withdrawal of exemption by the CCIT through order dated 12.01.2010 had
been quashed by the Punjab & Haryana High Court.
- The
CBDT Circular No. 7/2010 dated 27.10.2010 clarified that approvals granted
after 01.12.2006 are one-time approvals valid until withdrawn.
- Since
the exemption order dated 26.03.2008 was not withdrawn under the 13th
proviso to Section 10(23C), the exemption continued to remain valid.
However, the AO rejected the claim and treated the society’s
income as taxable.
The AO assessed income as follows:
- AY
2012-13: ₹1,25,42,875
- AY
2013-14: ₹1,43,90,207
The CIT(A) upheld the action of the AO and confirmed the additions.
Issues Involved
- Whether
the assessee society was entitled to exemption under Section 10(23C)(vi)
of the Income Tax Act.
- Whether
the AO and CIT(A) were justified in taxing the excess of income over
expenditure by denying the exemption.
- Whether
CBDT Circular No. 7/2010 providing one-time approval for exemption applies
to the assessee’s case.
- Whether the assessment should be decided after the outcome of pending proceedings relating to exemption before higher courts.
Petitioner’s Arguments
The assessee contended that:
- The
society had already been granted exemption under Section 10(23C)(vi) vide
order dated 26.03.2008.
- The
subsequent withdrawal of exemption by the CCIT had been quashed by the
Punjab & Haryana High Court, restoring the earlier exemption order.
- As
per CBDT Circular No. 7/2010, approvals granted after 01.12.2006 are
one-time approvals valid until withdrawn.
- Since
the exemption had not been withdrawn under the 13th proviso to Section
10(23C), the society continued to be eligible for exemption.
- The Tribunal in the assessee’s own case for AY 2009-10 had already restored the issue to the AO to decide after the outcome of exemption proceedings.
Respondent’s Arguments
The Department argued that:
- The
approval of exemption under Section 10(23C)(vi) by the competent
authority was not in existence for the relevant assessment years.
- Approval
by the prescribed authority (CCIT) is a mandatory condition for
claiming exemption.
- Since such approval was not valid for AY 2012-13 and AY 2013-14, the income of the society was rightly taxed.
Court Findings
The Income Tax Appellate Tribunal (ITAT), Delhi Bench observed
that:
- In
the assessee’s own case for AY 2009-10, the Tribunal had already dealt
with a similar issue.
- In
that decision, the Tribunal had set aside the assessment and restored the
matter to the AO with directions to decide the issue after the final
outcome of the exemption application under Section 10(23C)(vi).
- Since
the facts in the present appeals were identical, the same approach should
be followed.
Court Order
The ITAT held that:
- The
issues involved in the appeals should be remanded back to the Assessing
Officer.
- The
AO shall decide the matter after the outcome of the proceedings relating
to the assessee’s exemption application.
Accordingly:
- The
appeals of the assessee were partly allowed for statistical purposes, and
- The matter was restored to the file of the Assessing Officer for fresh adjudication.
Important Clarification
The Tribunal clarified that:
- The
outcome of the assessee’s exemption proceedings under Section 10(23C)(vi)
pending before the appropriate authorities/courts will determine the
taxability of the society’s income.
- Until
such determination, the assessment requires reconsideration by the AO.
Sections Involved
- Section
10(23C)(vi) – Exemption to educational institutions existing solely for
educational purposes
- 13th
Proviso to Section 10(23C) – Conditions for withdrawal of exemption
- CBDT Circular No. 7/2010 dated 27.10.2010
Link to download the order - https://itat.gov.in/public/files/upload/1703225405-S.D%20education%202031.pdf
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