Allowing the appeal the Tribunal held that the assessee is not doing any activity other than education nor hospital run for commercial purpose or any purpose other than teaching. Accordingly the withdrawal of exemption is not justified. As regards the notice which is signed by the AO which was approved by the CIT and which was corrected by him in his own hand writing Notice signed by the AO on behalf of the CIT is held to be valid. (AY. 2009-10, 2013-2014)
Singhania University v. CIT(E) (2020) 77 ITR 501 / 184 ITD 487/ ( 2021 210 TTJ 161 (Jaipur)(Trib.)
S. 10 (23C) : Educational institution-Not doing any activity other than education nor hospital run for commercial purpose or any purpose other than teaching-Withdrawal of exemption is not justified-Notice is signed by the AO which was approved by the CIT and which was corrected by him in his own hand writing Notice signed by the AO on behalf of the CIT is held to be valid-Revision notice is valid. [S. 10(23C(vi), 12AA, 263, 292BB]