Held that show cause notice was issued by the PCIT on 15th June, 2021, and he passed order withdrawing the approval retrospectively, w. e. f Assessment Year 2003-04. Tribunal held that PCIT is not justified in withdrawing the approval under section 10(23C)(vi) retrospectively. Withdrawal can only be from the date of issuance of the show cause notice. Tribunal also held that just because the Chairperson is occupying the house property in lieu of her services and also providing facilities of vehicles for members of the Society, withdrawal of exemption is not justified (AY. 2021-22 )
St. Peterrs Educational Society v. PCIT (2023) 223 TTJ 145 (Chd)(Trib)
S. 10(23C) : Educational institution-Retrospective withdrawal of approval-Approval can be withdrawn only from the date of issuance of the show cause notice-Chairperson-Occupying the house property in lieu of her services-Provision for vehicles for members of the Society-Withdrawal of exemption is not justified. [S. 10(23C)(vi)]