{"id":62383,"date":"2026-07-21T17:26:52","date_gmt":"2026-07-21T11:56:52","guid":{"rendered":"https:\/\/itatonline.org\/digest\/institute-management-committee-of-government-iti-peth-v-ito-2025-121-itr-76-sn-punetrib\/"},"modified":"2026-07-21T17:26:52","modified_gmt":"2026-07-21T11:56:52","slug":"institute-management-committee-of-government-iti-peth-v-ito-2025-121-itr-76-sn-punetrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/institute-management-committee-of-government-iti-peth-v-ito-2025-121-itr-76-sn-punetrib\/","title":{"rendered":"Institute Management Committee of Government ITI Peth v. ITO (2025) 121 ITR 76 (SN) (Pune)(Trib.)"},"content":{"rendered":"<p>An educational institution established under the Ministry of Labour and Employment was held entitled to exemption under section 10(23C)(iiiab). The Tribunal held that Government grants received in earlier years and invested in fixed deposits continued to constitute Government funding, and the interest earned thereon, being utilised solely for the objects of the institution, retained the character of Government financing. As the institution was substantially financed by the Central Government, denial of exemption by the CPC and the Commissioner (Appeals) was not justified. (AY. 2022-23)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 10 (23C): Educational institution-Exemption-Substantially financed by Government-CPC-Processing of return-Interest on Government grant-Public-private partnership-Denial of exemption was not justified.  [S.10(23C(iiiab), 143(1)] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[21],"tags":[],"class_list":["post-62383","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-geb","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=62383"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62383\/revisions"}],"predecessor-version":[{"id":62384,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/62383\/revisions\/62384"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=62383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=62383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=62383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}