M/S GANGA DEVI MEMORIAL CHARITABLE TRUST, JAIPUR V. INCOME TAX OFFICER (EXEMPTION), WARD-1, JAIPUR

ITA 247/JPR/2018

• Counselvise Citation: [2019] 117 COUNSELVISE.COM (IT) 3692 (ITAT-JAIPUR)
• Duration Of Justice: 1 year(s) 2 month(s) 7 day(s)
• Appeal Type: Income Tax (International Taxation) Appeal
• Pronouncement Date: 29-04-2019
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: SMC
• Assessment Year: 2012-2013
• Appeal Filed On: 21-02-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: POONAM RAI DCIT DHK
• Assessee Lawyers: S L PODDAR
• Keywords: Charitable institution; Maximum Marginal Rate; Set aside
• Section: 12AA; 63; 12; 10; 11; 139

Judgement Text

VK;DJ VIHYH; VF/KDJ.K] T;IQJ U;K;IHB] T;IQJ IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHE S, JAIPUR JH FOT; IKY JKWO] U;KF;D LNL; ,O A JH HKKXPUN ] YS[KK LNL; DS LE{K BEFORE: SHRI VIJAY PAL RAO, JM & SHRI BHAGCHAND, A M VK;DJ VIHY LA- @ ITA NO. 247/JP/2018 FU/KZKJ.K O'K Z @ ASSESSMENT YEARS : 2012-13. M/S. GANGA DEVI MEMORIAL CHARITABLE TRUST, C-21, CHOMU HOUSE, C-SCHEME, JAIPUR. CUKE VS. THE INCOME TAX OFFICER, (EXEMPTIONS) WARD-1, JAIPUR. LFKK;H YS[KK LA-@THVKBZVKJ LA-@ PAN NO. AAATG 6134 D VIHYKFKHZ@ APPELLANT IZR;FKHZ@ RESPONDENT FU/KZKFJRH DH VKSJ LS@ ASSESSEE BY : SHRI S.L. PODDAR (ADVOCATE) JKTLO DH VKSJ LS@ REVENUE BY : SMT. POONAM RAI (DCIT) LQUOKBZ DH RKJH[K@ DATE OF HEARING : 21.06.2018. ?KKS'K .KK DH RKJH[K @ DATE OF PRONOUNCEMENT : 27/06/2018. VKNS'K@ ORDER PER VIJAY PAL RAO, J.M. THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST TH E ORDER DATED 1 ST FEBRUARY, 2018 OF LD. CIT (A)-3, JAIPUR FOR THE ASSESSMENT YE AR 2012-13. THE ASSESSEE HAS RAISED THE FOLLOWING GROUNDS OF APPEAL :- 1. UNDER THE FACTS AND CIRCUMSTANCES OF THE CASE THE ASSESSMENT ORDER PASSED BY THE LEARNED ASSESSING OFFICER IS UN LAWFUL, ILLEGAL AND UNJUSTIFIED AND DESERVES TO BE QUASHED BEING AB -INITIO VOID HAS BEEN WRONGLY CONFIRMED BY THE LEARNED CIT (A). 2. UNDER THE FACTS AND CIRCUMSTANCES OF THE CASE TH E LEARNED CIT (A) HAS ERRED IN CONFIRMING THE ADDITION OF RS. 17, 75,000/- BY DISALLOWING EXEMPTION U/S 11(1)(A) OF THE INCOME TA X ACT, 1961 FOR THE AMOUNT WHICH WERE RECEIVED IN EARLIER YEARS . 2 ITA NO. 247/JP/2017 GANGA DEVI MEMORIAL CHARITABLE TRUST, JAIPUR. 3. UNDER THE FACTS AND CIRCUMSTANCES OF THE CASE TH E LEARNED CIT (A) HAS ERRED IN CONFIRMING THE ACTION OF THE LEARN ED ASSESSING OFFICER IN MAKING THE ADDITION OF RS. 17,75,000/- B Y ALLEGING THAT THE ASSESSEE HAS VIOLATED SECTION 13(1)(D) R.W.S. 1 1(5) OF THE INCOME TAX ACT, 1961 WITHOUT CONSIDERING THE SUBMIS SION OF THE ASSESSEE THAT THE ASSESSEE HAS PARKED ITS SURPLUS F UND TO GENERATE MORE REVENUE. 4. THE ASSESSEE CRAVES YOUR INDULGENCE TO ADD, AMEN D OR ALTER ALL OR ANY GROUNDS OF APPEAL BEFORE OR AT THE TIME OF H EARING. 2. THE ASSESSEE IS A TRUST ESTABLISHED VIDE TRUST D EED DATED 23.08.2001 AND REGISTERED WITH THE SUB REGISTRAR, JAIPUR-1, JAIPUR . THE ASSESSEE TRUST WAS GRANTED REGISTRATION UNDER SECTION 12AA OF THE I.T. ACT, 19 61. THE ASSESSEE FILED ITS RETURN OF INCOME FOR THE YEAR UNDER CONSIDERATION ON 28 TH SEPTEMBER, 2012 AND CLAIMED EXEMPTION UNDER SECTION 11(1)(A) OF THE IT ACT. DU RING THE COURSE OF ASSESSMENT PROCEEDINGS, THE AO NOTED THAT THE ASSESSEE HAS GIV EN LOANS AND ADVANCES OF RS. 17,75,000/- IN CONTRAVENTION OF PROVISIONS OF SECTI ON 13(1)(D) READ WITH SECTION 11(5) OF THE ACT. THE AO ASKED THE ASSESSEE AS TO WHY THE EXEMPTION CLAIMED UNDER SECTION 11 SHOULD NOT BE WITHDRAWN. IN RESPO NSE THE ASSESSEE SUBMITTED THAT DURING THE YEAR THE ASSESSEE HAS TEMPORARILY GIVEN ADVANCES OF RS. 17,00,000/- TO M/S. GOVIND AGENCIES TO EARN INTEREST INCOME ON THE SURPLUS FUND FOR A SHORT PERIOD OF TIME. THE ASSESSEE ALSO EXPLAINED THAT AN INTER EST INCOME OF RS. 1,39,758/- WAS RECEIVED BY THE ASSESSEE IN THE NEXT YEAR WHICH HAS BEEN UTILIZED FOR CHARITABLE PURPOSES OF THIS TRUST. THE AO DID NOT ACCEPT THE C ONTENTION OF THE ASSESSEE AND HELD THAT THE SAID AMOUNT OF RS. 17,75,000/- BEING ACCUMULATED AMOUNT HAS NOT BEEN APPLIED BY THE ASSESSEE FOR CHARITABLE PURPOSE S AND ACCORDINGLY MADE AN 3 ITA NO. 247/JP/2017 GANGA DEVI MEMORIAL CHARITABLE TRUST, JAIPUR. ADDITION OF THE SAID AMOUNT. THE ASSESSEE CHALLENGE D THE ACTION OF THE AO BEFORE THE LD. CIT (A) BUT COULD NOT SUCCEED. 3. BEFORE US, THE LD. A/R OF THE ASSESSEE HAS SUBMI TTED THAT WHEN THE ASSESSEE HAS APPLIED 85% OF ITS INCOME FOR CHARITABLE PURPOS ES AS PER THE PROVISIONS OF SECTION 11(1)(A) OF THE ACT, THEN THE AMOUNT OF RS. 17,75,000/- THOUGH MAY NOT BE AN INVESTMENT AS PER THE MODES PRESCRIBED UNDER SEC TION 11(5) OF THE ACT, THE SAME CANNOT BE HELD AS APPLICATION OF INCOME FOR NON-CHA RITABLE PURPOSES. THUS THE LD. A/R HAS SUBMITTED THAT AS PER THE PROVISIONS OF SEC TION 13(1)(D) ONLY THE INCOME ON SUCH INVESTMENT CAN BE TAXED AND THE PRINCIPAL AMOU NT CANNOT BE ADDED OR CHARGED TO TAX. IN SUPPORT OF HIS CONTENTION HE HAS RELIED UPON THE DECISION OF COORDINATE BENCH OF THIS TRIBUNAL DATED 05.11.2014 IN CASE OF SANTOKBA DURLABHJI TRUST FUND, JAIPUR VS. ITO IN ITA NO. 169/JP/2012 AS WELL AS TH E DECISION OF MUMBAI BENCHES OF THE TRIBUNAL DATED 04.02.2016 IN CASE OF ACIT (EXEM PTIONS) VS. JAMSHETJEE TATA TRUST IN ITA NO. 3807/MUM/2015. HENCE, THE LD. A/R HAS SUBMITTED THAT AT THE MOST THE INTEREST INCOME EARNED ON SUCH ADVANCES/LO ANS CAN BE CHARGED TO TAX AND NOT THE PRINCIPAL AMOUNT WHEN THE ASSESSEE HAS ALRE ADY COMPLIED WITH THE CONDITIONS AS PRESCRIBED UNDER SECTION 11(1)(A) OF THE ACT TO THE EXTENT OF APPLICATION OF 85% OF INCOME FOR CHARITABLE PURPOSE S. 3.1. ON THE OTHER HAND, THE LD. D/R HAS SUBMITTED T HAT THIS IS A CLEAR VIOLATION OF PROVISIONS OF SECTION 11(5) AS WELL AS SECTION 13(1 )(D) OF THE ACT AS THE ASSESSEE HAS ADVANCED THE MONEY TO PRIVATE PARTIES AND NOT INVES TED AS PER THE MODES PRESCRIBED UNDER SECTION 11(5) OF THE IT ACT. SINCE THE ASSES SEE HAS VIOLATED THE PROVISIONS OF SECTION 13(1)(D) OF THE ACT, THEREFORE, THE ASSESSE E LOST THE EXEMPTION UNDER SECTION 4 ITA NO. 247/JP/2017 GANGA DEVI MEMORIAL CHARITABLE TRUST, JAIPUR. 11 OF THE ACT AND THE ENTIRE INCOME OF THE ASSESSEE IS LIABLE TO BE TAXED. THE LD. D/R HAS THUS SUBMITTED THAT INSTEAD OF TAXING THE E NTIRE INCOME, THE ASSESSEE HAS MADE THE ADDITION ONLY TO THE EXTENT OF RS. 17,75,0 00/-. SHE HAS RELIED UPON THE ORDERS OF THE AUTHORITIES BELOW. 4. WE HAVE CONSIDERED THE RIVAL SUBMISSIONS AS WELL AS THE RELEVANT MATERIAL ON RECORD. THE ASSESSEE IS UNDISPUTEDLY GRANTED REGIS TRATION UNDER SECTION 12AA AS A CHARITABLE/RELIGIOUS TRUST AND, THEREFORE, ENTITLED FOR EXEMPTION UNDER SECTION 11 OF THE IT ACT. THE INCOME DERIVED FROM THE PROPERTY H ELD UNDER THE TRUST WHOLLY FOR CHARITABLE OR RELIGIOUS PURPOSES TO THE EXTENT OF W HICH IT IS APPLIED FOR CHARITABLE PURPOSES IN INDIA IS EXEMPT FROM INCOME TAX AS THE SAME SHALL NOT BE INCLUDED IN THE TOTAL INCOME OF THE TRUST. THUS IN ORDER TO AV AIL THE BENEFIT UNDER SECTION 11 OF THE ACT, THE CONDITIONS STIPULATED UNDER SECTIONS 1 1 AND 13 OF THE ACT ARE TO BE FULFILLED. THE PROVISIONS OF SECTION 11 CONTEMPLAT E THE CONDITIONS OF APPLICATION OF INCOME WHEREAS THE PROVISIONS OF SECTION 13 OF THE ACT PRESCRIBE THE CONDITIONS OF SOURCE OF INCOME FROM THE INVESTMENT OF FUNDS OF TH E TRUST. IN THE CASE IN HAND, THE AO HAS ADDED A SUM OF RS. 17,75,000/- ON THE GR OUND THAT THE ASSESSEE HAS VIOLATED THE PROVISIONS OF SECTION 11(5) READ WITH SECTION 13(1)(D) OF THE ACT. IT IS PERTINENT TO NOTE THAT SECTION 11(5) OF THE ACT PRE SCRIBES CERTAIN MODES OF INVESTMENT AND DEPOSITS OF THE ACCUMULATED AMOUNT O R SET APART AMOUNT FROM THE INCOME OF THE TRUST. FOR AVAILING THE EXEMPTION UN DER SECTION 11(1)(A), THERE IS NO SUCH CONDITION OF DEPOSIT OF ACCUMULATED AMOUNT OR SET APART AMOUNT NOT IN EXCEED OF 15% OF THE INCOME TO BE INVESTED OR DEPOSITED IN THE MANNER AND MODES PRESCRIBED UNDER SECTION 11(5) OF THE ACT BUT HAS T O BE APPLIED FOR CHARITABLE 5 ITA NO. 247/JP/2017 GANGA DEVI MEMORIAL CHARITABLE TRUST, JAIPUR. PURPOSE WITHIN A PERIOD OF FIVE YEARS. FOR READY R EFERENCE, WE REPRODUCE THE PROVISIONS OF SECTION 11(1) AS UNDER :- 11. (1) SUBJECT TO THE PROVISIONS OF SECTIONS 60 TO 63 , THE FOLLOWING INCOME SHALL NOT BE INCLUDED IN THE TOTAL INCOME OF THE PREVIOUS YEAR O F THE PERSON IN RECEIPT OF THE INCOME 35 [(A) INCOME DERIVED FROM PROPERTY 33 HELD UNDER TRUST WHOLLY 33 FOR CHARITABLE OR RELIGIOUS PURPOSES 33 , TO THE EXTENT TO WHICH SUCH INCOME 33 IS APPLIED 33 TO SUCH PURPOSES IN INDIA 33 ; AND, WHERE ANY SUCH INCOME IS 33 ACCUMULATED OR SET APART FOR APPLICATION TO SUCH PURPOSES IN INDIA, TO THE EXTENT TO WHICH THE INCOME SO ACCUMULATED OR SET APART 36 IS NOT IN EXCESS OF 37 [FIFTEEN] PER CENT OF THE INCOME FROM SUCH PROPERTY ; (B) INCOME DERIVED FROM PROPERTY HELD UNDER TRUST IN PA RT 36 ONLY FOR SUCH PURPOSES, THE TRUST HAVING BEEN CREATED BEFORE THE COMMENCEMENT O F THIS ACT, TO THE EXTENT TO WHICH SUCH INCOME 36 IS APPLIED TO SUCH PURPOSES IN INDIA; AND, WHERE AN Y SUCH INCOME IS FINALLY SET APART FOR APPLICATION TO SUCH PURPOSES IN INDIA, TO THE EXTENT TO WHICH THE INCOME SO SET APART IS NOT IN EXCESS OF 37 [FIFTEEN] PER CENT OF THE INCOME FROM SUCH PROPERTY; (C) INCOME 38 [DERIVED] FROM PROPERTY HELD UNDER TRUST (I) CREATED ON OR AFTER THE 1ST DAY OF APRIL, 1952, FOR A CHARITABLE PURPOSE WHICH TENDS TO PROMOTE INTERNATIONAL WELFARE IN WHICH IND IA IS INTERESTED, TO THE EXTENT TO WHICH SUCH INCOME IS APPLIED TO SUCH PURP OSES OUTSIDE INDIA 39 , AND (II) FOR CHARITABLE OR RELIG IOUS PURPOSES, CREATED BEFORE THE 1ST DAY OF APRIL, 1952, TO THE EXTENT TO WHICH SUCH INCOME IS APPLIED TO SUCH PURPOSES OUTSIDE INDIA: PROVIDED THAT THE BOARD, BY GENERAL OR SPECIAL ORDER, HAS DI RECTED IN EITHER CASE THAT IT SHALL NOT BE INCLUDED IN THE TOTAL INCOME OF THE PERSON IN RECEIPT OF SUCH INCOME; 40 [(D) INCOME IN THE FORM OF VOLUNTARY CONTRIBUTIONS MADE WITH A SPECIFIC DIRECTION THAT THEY SHALL FORM PART OF THE CORPUS 41 OF THE TRUST OR INSTITUTION.] 42 [ 43 [EXPLANATION 1].FOR THE PURPOSES OF CLAUSES (A) AN D (B), (1) IN COMPUTING THE 44 [FIFTEEN] PER CENT OF THE INCOME WHICH MAY BE ACCUMULATED OR SET APART, ANY SUCH VOLUNTARY CONTRIBUTIONS AS ARE REFE RRED TO IN SECTION 12 SHALL BE DEEMED TO BE PART OF THE INCOME; (2) IF, IN THE PREVIOUS YEAR, THE INCOME APPLIED TO CHARITABLE OR RELIGIOUS PURPOSES IN INDIA FALLS SHORT OF 45 [EIGHTY- FIVE] PER CENT OF THE INCOME DERIVED DURING THAT YE AR FROM PROPERTY HELD UNDER TRUST, OR, AS THE CASE MAY BE, HELD UNDER TRUST IN PART, BY ANY AMOUNT (I) FOR THE REASON THAT THE WHOLE OR ANY PART OF THE IN COME HAS NOT BEEN RECEIVED DURING THAT YEAR, OR (II) FOR ANY OTHER REASON, THEN (A) IN THE CASE REFERRED TO IN SUB-CLAUSE (I ), SO MUCH OF THE INCOME APPLIED TO SUCH PURPOSES IN INDIA DURING THE PREVIOUS YEAR IN WHICH THE INCOME IS 6 ITA NO. 247/JP/2017 GANGA DEVI MEMORIAL CHARITABLE TRUST, JAIPUR. RECEIVED OR DURING THE PREVIOUS YEAR IMMEDIATELY FO LLOWING AS DOES NOT EXCEED THE SAID AMOUNT, AND (B) IN THE CASE REFERRED TO IN SUB-CLAUSE (II), SO MUCH OF THE INCOME APPLIED TO SUCH PURPOSES IN INDIA DURING THE PREVIOUS YEAR IMM EDIATELY FOLLOWING THE PREVIOUS YEAR IN WHICH THE INCOME WAS DERIVED AS DO ES NOT EXCEED THE SAID AMOUNT, MAY, AT THE OPTION OF THE PERSON IN RECEIPT OF THE INCOME 46 [(SUCH OPTION TO BE EXERCISED BEFORE THE EXPIRY OF THE TIME ALLOWED UND ER SUB-SECTION (1) OF SECTION 139 FOR FURNISHING THE RET URN OF INCOME, IN SUCH FORM AND MANNER AS MAY BE PRESCRIBED 47 )] BE DEEMED TO BE INCOME APPLIED TO SUCH PURPOSES DURING THE PREVIOUS YEAR IN WHICH THE INCOME WAS DERIVED; AND THE INCOM E SO DEEMED TO HAVE BEEN APPLIED SHALL NOT BE TAKEN INTO ACCOUNT IN CALCULATING THE AMOUNT OF INCOME APPLIED TO SUCH PURPOSES, IN THE CASE REFERRED TO IN SUB-CLAUS E (I ), DURING THE PREVIOUS YEAR IN WHICH THE INCOME IS RECEIVED OR DURING THE PREVIOUS YEAR IMMEDIATELY FOLLOWING, AS THE CASE MAY BE, AND, IN THE CASE REFERRED TO IN SU B-CLAUSE (II ), DURING THE PREVIOUS YEAR IMMEDIATELY FOLLOWING THE PREVIOUS YEAR IN WHI CH THE INCOME WAS DERIVED.] 48 [EXPLANATION 2.ANY AMOUNT CREDITED OR PAID, OUT OF INCOME REFERRED TO IN CLAUSE (A) OR CLAUSE (B) READ WITH EXPLANATION 1, TO ANY OTHER TR UST OR INSTITUTION REGISTERED UNDER SECTION 12AA , BEING CONTRIBUTION WITH A SPECIFIC DIRECTION THAT THEY SHALL FORM PART OF THE CORPUS OF THE TRUST OR INSTITUTION, SHALL NOT BE TREATED AS A PPLICATION OF INCOME FOR CHARITABLE OR RELIGIOUS PURPOSES. THUS TO THE EXTENT OF THE ACCUMULATION OR SET APART NOT IN EXCESS OF 15% OF THE INCOME IS PERMITTED UNDER SECTION 11(1)(A) FOR AVAI LING THE EXEMPTION OF THE INCOME DERIVED FROM PROPERTY HELD UNDER THE TRUST. EVEN A S PER THE EXPLANATION TO SECTION 11(1)(A) AND (B) A TRUST IS FURTHER ALLOWED TO DEFE R THE APPLICATION OF INCOME WHICH IS EVEN FALLS SHORT OF 85% OF THE INCOME DERIVED DU RING THE YEAR, IF THE ASSESSEE HAS EXERCISED AN OPTION BEFORE THE DUE DATE OF FILING T HE RETURN UNDER SECTION 139(1) THAT THE SAID INCOME WILL BE APPLIED IN THE IMMEDIATELY FOLLOWING PREVIOUS YEAR. HENCE TO THE EXTENT OF THE APPLICATION OF 85% AND ACCUMULATI ON OF REMAINING 15%, THERE IS NO CONDITION OF KEEPING THE SAID 15% AMOUNT AS PER THE MODES OF INVESTMENT AND DEPOSITS PRESCRIBED UNDER SECTION 11(5). HOWEVER, THERE IS A FURTHER RELAXATION EVEN 7 ITA NO. 247/JP/2017 GANGA DEVI MEMORIAL CHARITABLE TRUST, JAIPUR. FOR APPLICATION OF 85% OF INCOME TO THE EXTENT IF S UCH INCOME IS ACCUMULATED OR SET APART EITHER IN WHOLE OR IN PART FOR APPLICATION TO SUCH PURPOSES IN INDIA SUBJECT TO THE CONDITIONS PRESCRIBED UNDER SUB-SECTION (2) OF SECTION 11 OF THE ACT. FOR READY REFERENCE, WE QUOTE SECTION 11(2) OF THE ACT AS UND ER :- 52 [(2) 53 [WHERE 54 [EIGHTY-FIVE] PER CENT OF THE INCOME REFERRED TO IN CLAUSE (A) OR CLAUSE (B) OF SUB-SECTION (1) READ WITH THE EXPLANATION TO THA T SUB-SECTION IS NOT APPLIED, OR IS NOT DEEMED TO HAVE BEEN APPLIED, TO CHARITABLE OR RELIG IOUS PURPOSES IN INDIA DURING THE PREVIOUS YEAR BUT IS ACCUMULATED OR SET APART, EITH ER IN WHOLE OR IN PART, FOR APPLICATION TO SUCH PURPOSES IN INDIA, SUCH INCOME SO ACCUMULATED OR SET APART SHALL NOT BE INCLUDED IN THE TOTAL INCOME OF THE PREVIOUS YEAR OF THE PERSON IN RECEIPT OF THE INCOME, PROVIDED THE FOLLOWING CONDITIONS ARE COMPLIED WITH, NAMELY:] 55 [(A) SUCH PERSON FURNISHES A STATEMENT IN THE PRESCRIBED FORM AND IN THE PRESCRIBED 56 MANNER 57 TO THE ASSESSING OFFICER, STATING THE PURPOSE FOR W HICH THE INCOME IS BEING ACCUMULATED OR SET APART AND THE PERIOD FOR WHICH T HE INCOME IS TO BE ACCUMULATED OR SET APART, WHICH SHALL IN NO CASE EX CEED FIVE YEARS; (B) THE MONEY SO ACCUMULATED 57 OR SET APART IS INVESTED OR DEPOSITED IN THE FORMS OR MODES SPECIFIED IN SUB-SECTION (5); (C) THE STATEMENT REFERRED TO IN CLAUSE (A ) IS FURNISHED ON OR BEFORE THE DUE DATE SPECIFIED UNDER SUB-SECTION (1) OF SECTION 139 FOR FURNISHING THE RETURN OF INCOME FOR THE PREVIOUS YEAR: PROVIDED THAT IN COMPUTING THE PERIOD OF FIVE YEARS REFERRED TO IN CLAUSE (A), THE PERIOD DURING WHICH THE INCOME COULD NOT BE APPLIED FOR TH E PURPOSE FOR WHICH IT IS SO ACCUMULATED OR SET APART, DUE TO AN ORDER OR INJUNCTION OF ANY COURT, SHALL BE EXCLUDED.] 58 [EXPLANATION.ANY AMOUNT CREDITED OR PAID, OUT OF I NCOME REFERRED TO IN CLAUSE (A) OR CLAUSE (B) OF SUB-SECTION (1), READ WITH THE EXPLAN ATION TO THAT SUB-SECTION, WHICH IS NOT APPLIED, BUT IS ACCUMULATED OR SET APART, TO ANY TR UST OR INSTITUTION REGISTERED UNDER SECTION 12AA OR TO ANY FUND OR INSTITUTION OR TRUST OR ANY UNIV ERSITY OR OTHER EDUCATIONAL INSTITUTION OR ANY HOSPITAL OR OTHER MEDICAL INSTITUTION REFERR ED TO IN SUB-CLAUSE (IV) OR SUB-CLAUSE (V) OR SUB-CLAUSE (VI) OR SUB-CLAUSE (VIA) OF CLAUSE (2 3C) OF SECTION 10 , SHALL NOT BE TREATED AS APPLICATION OF INCOME FOR CHARITABLE OR RELIGIOUS P URPOSES, EITHER DURING THE PERIOD OF ACCUMULATION OR THEREAFTER.] THEREFORE, A TRUST WOULD NOT LOOSE EXEMPTION EVEN I N CASE 85% OF THE INCOME IS NOT APPLIED DURING THE YEAR UNDER CONSIDERATION BUT THE SHORT FALL OF 85% EITHER IN WHOLE 8 ITA NO. 247/JP/2017 GANGA DEVI MEMORIAL CHARITABLE TRUST, JAIPUR. OR IN PART IS ACCUMULATED OR SET APART FOR APPLICAT ION TO SUCH PURPOSES IN INDIA BY GIVING A NOTICE IN WRITING TO THE AO AND THE MONEY SO ACCUMULATED OR SET PART IS INVESTED OR DEPOSITED IN THE FORM OR MODES SPECIFIE D IN SUB-SECTION (5) OF SECTION 11. THE MODES AS PRESCRIBED UNDER SUB-SECTION (5) OF SE CTION 11 ARE AS UNDER :- 71 [(5) THE FORMS AND MODES OF INVESTING OR DEPOSITIN G THE MONEY REFERRED TO IN CLAUSE (B) OF SUB-SECTION (2) SHALL BE THE FOLLOWING, NAMELY : (I) INVESTMENT IN SAVINGS CERTIFICATES AS DEFINED IN CL AUSE (C) OF SECTION 2 72 OF THE GOVERNMENT SAVINGS CERTIFICATES ACT, 1959 (46 OF 19 59), AND ANY OTHER SECURITIES OR CERTIFICATES ISSUED BY THE CENTRAL GOVERNMENT UNDER THE SMALL SAVINGS SCHEMES OF THAT GOVERNMENT; (II) DEPOSIT IN ANY ACCOUNT WITH THE POST OFFICE SAVINGS BANK; (III) DEPOSIT IN ANY ACCOUNT WITH A SCHEDULED BANK OR A C O- OPERATIVE SOCIETY ENGAGED IN CARRYING ON THE BUSINESS OF BANKING (INCLUDING A CO - OPERATIVE LAND MORTGAGE BANK OR A CO-OPERATIVE LAND DEVELOPMENT BANK). EXPLANATION. IN THIS CLAUSE, 'SCHEDULED BANK' MEANS THE STATE BA NK OF INDIA CONSTITUTED UNDER THE STATE BANK OF INDIA ACT, 1955 (23 OF 1955), A SUBSIDIARY B ANK AS DEFINED IN THE STATE BANK OF INDIA (SUBSIDIARY BANK S) ACT, 1959 (38 OF 1959), A CORRESPONDING NEW BANK CONSTITUTED UNDER SECTION 3 OF THE BANKING COMPANIE S (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 197 0 (5 OF 1970), OR UNDER SECTION 3 OF THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1980 (40 OF 1980), OR ANY OTHER BANK BEING A BANK INCLUD ED IN THE SECOND SCHEDULE TO THE RESERVE BANK OF INDIA ACT, 1934 (2 OF 1934); (IV) INVESTMENT IN UNITS OF THE UNIT TRUST OF INDIA ESTA BLISHED UNDER THE UNIT TRUST OF INDIA ACT, 1963 (52 OF 1963); (V) INVESTMENT IN ANY SECURITY FOR MONEY CREATED AND IS SUED BY THE CENTRAL GOVERNMENT OR A STATE GOVERNMENT; (VI) INVESTMENT IN DEBENTURES ISSUED BY, OR ON BEHALF OF , ANY COMPANY OR CORPORATION BOTH THE PRINCIPAL WHEREOF AND THE INTEREST WHEREON ARE F ULLY AND UNCONDITIONALLY GUARANTEED BY THE CENTRAL GOVERNMENT OR BY A STATE GOVERNMENT; (VII) INVESTMENT OR DEPOSIT 73 IN ANY 74 [PUBLIC SECTOR COMPANY]: 75 [ PROVIDED THAT WHERE AN INVESTMENT OR DEPOSIT IN ANY PUBLIC S ECTOR COMPANY HAS BEEN MADE AND SUCH PUBLIC SECTOR COMPANY CEASES TO BE A PUBLIC SECTOR COMPANY, (A) SUCH INVESTMENT MADE IN THE SHARES OF SUCH COMPANY SHALL BE DEEMED TO BE AN INVESTMENT MADE UNDER THIS CLAUSE FOR A PERIOD O F THREE YEARS FROM THE DATE ON WHICH SUCH PUBLIC SECTOR COMPANY CEASES TO BE A PUBLIC SECTOR COMPANY; (B) SUCH OTHER INVESTMENT OR DEPOSIT SHALL BE DEEMED TO BE AN INVESTMENT OR DE POSIT MADE UNDER THIS CLAUSE FOR THE PERIOD UP TO T HE DATE ON WHICH SUCH 9 ITA NO. 247/JP/2017 GANGA DEVI MEMORIAL CHARITABLE TRUST, JAIPUR. INVESTMENT OR DEPOSIT BECOMES REPAYABLE BY SUCH COM PANY;] (VIII) DEPOSITS WITH OR INVESTMENT IN ANY BONDS ISSUED BY A FINANCIAL CORPORATION WHICH IS ENGAGED IN PROVIDING LONG-TERM FINANCE FOR INDUSTRIAL DEVELOPMENT IN INDIA AND 76 [WHICH IS ELIGIBLE FOR DEDUCTION UNDER CLAUSE (VIII ) OF SUB- SECTION (1) OF SECTION 36 ]; (IX) DEPOSITS WITH OR INVESTMENT IN ANY BONDS ISSUED BY A PUBLIC COMPANY FORMED AND REGISTERED IN INDIA WITH THE MAIN OBJECT OF CARRYIN G ON THE BUSINESS OF PROVIDING LONG-TERM FINANCE FOR CONSTRUCTION OR PURCHASE OF H OUSES IN INDIA FOR RESIDENTIAL PURPOSES AND 76 [WHICH IS ELIGIBLE FOR DEDUCTION UNDER CLAUSE (VIII ) OF SUB- SECTION (1) OF SECTION 36 ]; 77 [(IXA) DEPOSITS WITH OR INVESTMENT IN ANY BONDS ISSUED BY A PUBLIC COMPANY FORMED AND REGISTERED IN INDIA WITH THE MAIN OBJECT OF CARRYIN G ON THE BUSINESS OF PROVIDING LONG-TERM FINANCE FOR URBAN INFRASTRUCTURE IN INDIA . EXPLANATION.FOR THE PURPOSES OF THIS CLAUSE, (A) 'LONG- TERM FINANCE' MEANS ANY LOAN OR ADVANCE WHERE THE T ERMS UNDER WHICH MONEYS ARE LOANED OR ADVANCED PROVIDE FOR REPAYMENT ALONG WITH INTEREST THEREOF DURING A PERIOD OF NOT LESS THAN FIVE YEARS ; (B) 'PUBLIC COMPANY' SHALL HAVE THE MEANING ASSIGNED TO IT IN SECTION 3 78 OF THE COMPANIES ACT, 1956 (1 OF 1956); (C) 'URBAN INFRASTRUCTURE' MEANS A PROJECT FOR PROVIDIN G POTABLE WATER SUPPLY, SANITATION AND SEWERAGE, DRAINAGE, SOLID WASTE MANA GEMENT, ROADS, BRIDGES AND FLYOVERS OR URBAN TRANSPORT;] (X) INVESTMENT IN IMMOVABLE PROPERTY. EXPLANATION.'IMMOVABLE PROPERTY' DOES NOT INCLUDE ANY MACHI- NERY OR PLANT (OTHER THAN MACHINERY OR PLANT INSTALLED IN A BUILD ING FOR THE CONVENIENT OCCUPATION OF THE BUILDING) EVEN THOUGH ATTACHED TO, OR PERMAN ENTLY FASTENED TO, ANYTHING ATTACHED TO THE EARTH;] 79 [(XI) DEPOSITS WITH THE INDUSTRIAL DEVELOPMENT BANK OF IN DIA ESTABLISHED UNDER THE INDUSTRIAL DEVELOPMENT BANK OF INDIA ACT, 1964 (18 OF 1964);] 80 [(XII) ANY OTHER FORM OR MODE OF INVESTMENT OR DEPOSIT AS MAY BE PRESCRIBED. 81 ] THEREFORE, THE CONDITION OF INVESTMENT OR DEPOSIT I N THE MANNER AND MODES PRESCRIBED UNDER SECTION 11(5) IS TO BE FULFILLED O NLY IN CASE THE TRUST HAS NOT APPLIED ITS INCOME DURING THE YEAR TO THE EXTENT OF 85% AND AS PER SECTION 11(2) HAS SET APART OR ACCUMULATED THE SHORT FALL PORTION TO BE A PPLIED FOR SPECIFIC PURPOSES, THEN THE SAID AMOUNT OF SHORT FALL HAS TO BE KEPT IN THE INVESTMENT OR DEPOSITS AS 10 ITA NO. 247/JP/2017 GANGA DEVI MEMORIAL CHARITABLE TRUST, JAIPUR. PRESCRIBED UNDER SECTION 11(5) OF THE ACT. HENCE I N CASE THE TRUST HAS COMPLIED WITH THE CONDITIONS OF APPLICATION OF 85% OF THE IN COME DURING THE YEAR UNDER CONSIDERATION, THEN THERE IS NO PRE-CONDITION FOR T HE BALANCE INCOME ACCUMULATED NOT EXCEEDING 15% TO BE KEPT IN THE DEPOSITS OR INV ESTMENT AS PRESCRIBED UNDER SECTION 11(5) OF THE ACT FOR AVAILING THE EXEMPTION UNDER SECTION 11(1)(A) OF THE IT ACT. 5. AS REGARDS THE ISSUE OF VIOLATION OF THE CONDITI ONS AS PRESCRIBED UNDER SECTION 13(1)(D), THERE IS NO DISPUTE THAT THE INVESTMENT B EING THE ADVANCES/LOANS GIVEN TO THE PERSONS AND NOT IN CONFORMITY WITH THE PROVISIO NS OF SECTION 11(5), THE INCOME FROM SUCH INVESTMENT WOULD NOT BE ELIGIBLE FOR EXEM PTION UNDER SECTION 11 OF THE ACT DUE TO THE REASON OF NOT FULFILLING THE CONDITI ONS PRESCRIBED UNDER SECTION 13(1)(D) OF THE ACT. FOR READY REFERENCE, WE QUOTE SECTION 13(1)(D) AS UNDER :- 13. (1) NOTHING CONTAINED IN SECTION 11 33 [OR SECTION 12 ] SHALL OPERATE SO AS TO EXCLUDE FROM THE TOTAL INCOME OF THE PREVIOUS YEAR OF THE P ERSON IN RECEIPT THEREOF ( A ) XXXX XXXXX ( B ) XXXXX XXXXX ( BB ) 35 [***] XXXXX (C) XXXX XX 37 [( D ) IN THE CASE OF A TRUST FOR CHARITABLE OR RELIGIOUS PURPOSES OR A CHARITABLE OR RELIGIOUS INSTITUTION, ANY INCOME THEREOF, IF FOR ANY PERIOD DURING THE PREVIOUS YEAR ( I ) ANY FUNDS 38 OF THE TRUST OR INSTITUTION ARE INVESTED OR DEPOSI - TED 38 AFTER THE 28TH DAY OF FEBRUARY, 1983 OTHERWISE THAN IN ANY ON E OR MORE OF THE FORMS OR MODES SPECIFIED IN SUB-SECTION (5) OF SECTION 11 ; OR ( II ) ANY FUNDS OF THE TRUST OR INSTITUTION INVESTED OR D EPOSITED 38 BEFORE THE 1ST DAY OF MARCH, 1983 OTHERWISE THAN IN ANY ONE OR MORE OF THE FORMS OR MODES SPECIFIED IN SUB-SECTION (5) OF SECTION 11 CONTINUE TO REMAIN SO INVES TED OR DEPOSITED AFTER THE 30TH DAY OF NOVEMBER, 1983; OR 39 [( III ) ANY SHARES IN A COMPANY, OTHER THAN 11 ITA NO. 247/JP/2017 GANGA DEVI MEMORIAL CHARITABLE TRUST, JAIPUR. ( A ) SHARES IN A PUBLIC SECTOR COMPANY ; ( B ) SHARES PRESCRIBED AS A FORM OR MODE OF INVESTMENT U NDER CLAUSE ( XII ) OF SUB-SECTION (5) OF SECTION 11 , ARE HELD BY THE TRUST OR INSTITUTION AFTER THE 30TH DAY OF NOVEMBER, 1983:] PROVIDED THAT NOTHING IN THIS CLAUSE SHALL APPLY IN RELATIO N TO ( I ) ANY ASSETS HELD BY THE TRUST OR INSTITUTION WHERE S UCH ASSETS FORM PART OF THE CORPUS OF THE TRUST OR INSTITUTION AS ON THE 1ST DA Y OF JUNE, 1973 40 [***]; 41 [( IA ) ANY ACCRETION TO THE SHARES, FORMING PART OF THE CO RPUS MENTIONED IN CLAUSE ( I ), BY WAY OF BONUS SHARES ALLOTTED TO THE TRUST OR INSTITUTION;] ( II ) ANY ASSETS (BEING DEBENTURES ISSUED BY, OR ON BEHAL F OF, ANY COMPANY OR CORPORATION) ACQUIRED BY THE TRUST OR INSTITUTION B EFORE THE 1ST DAY OF MARCH, 1983; 42 [( IIA ) ANY ASSET, NOT BEING AN INVESTMENT OR DEPOSIT IN AN Y OF THE FORMS OR MODES SPECIFIED IN SUB-SECTION (5) OF SECTION 11 , WHERE SUCH ASSET IS NOT HELD BY THE TRUST OR INSTITUTION, OTHERWISE THAN IN ANY OF THE FORMS OR MODES SPECIFIED IN SUB-SECTION (5) OF SECTION 11 , AFTER THE EXPIRY OF ONE YEAR FROM THE END OF THE PREVIOUS YEAR IN WHICH SUCH ASSET IS ACQUIRED OR THE 31ST DAY OF MARCH, 43 [1993], WHICHEVER IS LATER;] ( III ) ANY FUNDS REPRESENTING THE PROFITS AND GAINS OF BUS INESS, BEING PROFITS AND GAINS OF ANY PREVIOUS YEAR RELEVANT TO THE ASSESSME NT YEAR COMMENCING ON THE 1ST DAY OF APRIL, 1984 OR ANY SUBSEQUENT ASSESS MENT YEAR. EXPLANATION. WHERE THE TRUST OR INSTITUTION HAS ANY OTHER INCOME IN ADDITION TO PROFITS AND GAINS OF BUSINESS, THE PROV ISIONS OF CLAUSE ( III ) OF THIS PROVISO SHALL NOT APPLY UNLESS THE TRUST OR INSTITU TION MAINTAINS SEPARATE BOOKS OF ACCOUNT IN RESPECT OF SUCH BUSINESS.] 4 4 [ EXPLANATION. FOR THE PURPOSES OF SUB-CLAUSE ( II ) OF CLAUSE ( C ), IN DETERMINING WHETHER ANY PART OF THE INCOME OR ANY PROPERTY OF A NY TRUST OR INSTITUTION IS DURING THE PREVIOUS YEAR USED OR APP LIED, DIRECTLY OR INDIRECTLY, FOR THE BENEFIT OF ANY PERSON REFERRED TO IN SUB-SECTION (3), IN SO FAR AS SUCH USE OR APPLICATION RELATES TO ANY PERIOD BEFORE THE 1ST DAY OF JULY, 1972, NO REGARD SHALL BE HAD TO THE AM ENDMENTS MADE TO THIS SECTION BY SECTION 7 [OTHER THAN SUB-CLAUSE ( II ) OF CLAUSE ( A ) THEREOF] OF THE FINANCE ACT, 1972.] THUS SECTION 13(1)(D) PROVIDES THE INVESTMENT/DEPOS ITS AS PRESCRIBED UNDER SECTION 11(5) OF THE ACT AND NON-FULFILLMENT OF THE SAID CO NDITIONS WOULD NOT DEPRIVE A TRUST THE EXEMPTION IN RESPECT OF OTHER INCOME SO LONG TH E ASSESSEE IS GRANTED REGISTRATION UNDER SECTION 12AA OF THE ACT. ACCORD INGLY, THE PROVISIONS OF SECTION 12 ITA NO. 247/JP/2017 GANGA DEVI MEMORIAL CHARITABLE TRUST, JAIPUR. 164(2) FOR BRINGING THE INCOME TO TAX AT MAXIMUM MA RGINAL RATE WHICH IS NOT ELIGIBLE FOR EXEMPTION DUE TO NON-SATISFACTION OF THE CONDIT IONS OF INVESTMENT AS PRESCRIBED UNDER SECTION 11(5) OF THE ACT. HENCE ONLY THE INC OME FROM SUCH INVESTMENT WHICH IS MADE IN VIOLATION OF PROVISIONS OF SECTION 11(5) WILL BE TAXED IN TERMS OF THE PROVISIONS OF SECTION 164(2) AND NOT THE INVESTMENT ITSELF HAS TO BE TAXED WHEN THE ASSESSEE HAS COMPLIED WITH THE CONDITIONS OF SECTIO N 11(1)(C) OF THE ACT. THE COORDINATE BENCH OF THIS TRIBUNAL IN CASE OF SANTOK BA DURLABHJI TRUST FUND VS. ITO (SUPRA) HELD IN PARA 4.7 AND 5.1 AS UNDER :- 4.7 WE FIND MERIT IN THE CONTENTION OF LD. COUNSEL FOR THE ASSESSE THAT THE PROPOSITION OF APPORTIONMENT OF INCOME ELI GIBLE FOR BENEFITS U/S 11 AND 12 BETWEEN EXEMPTED OR NON EXEM PTED INCOME IS UPHELD BY HONBLE SUPREME COURT IN DAWOOD I BOHRA TRUST (SUPRA). THUS HONBLE SUPREME COURT HAS RATIO NALLY DEALT WITH THIS SITUATION AND INSTEAD OF DENYING THE E NTIRE BENEFITS OF SEC 11 AND 12 EVEN FOR A TECHNICAL, VENIAL OR SMALL ER BREACH A SOUND AND REASONABLE PROPOSITION HAS BEEN LAID DOWN . IN VIEW OF THE FOREGOINGS WE HAVE NO HESITATION TO HOLD THAT T HE ENTIRE BENEFITS OF SEC. 11 AND 12 CANNOT BE FORFEITED FROM THE TRUST AND THE CORRESPONDING DIVIDEND INCOME FROM TISCO SHARES WILL NOT BE ELIGIBLE FOR BENEFITS OF SEC. 11 AND 12. 5.1 NOW WE ADVERT TO THE ASSESSEES CONTENTION THAT INCOME NOT ELIGIBLE FOR BENEFITS OF SEC 11 AND 12 IS TO BE SUB JECTED TO OTHER PROVISIONS OF THE IT ACT AND THEREAFTER THE TAXABLE INCOME IS TO BE SUBJECTED TO MAXIMUM MARGINAL RATE. WE FIND FORCE I N THIS ARGUMENT. AS PER THE SCHEME OF THE ACT, FIRST THE T RUST INCOME IS TO BE WORKED OUT, THEREAFTER, BENEFITS OF PROVISION OF SECS. 11 AND 12 ARE TO BE APPLIED. REMAINDER INCOME IS THAN TO BE T REATED WITH REGULAR PROVISIONS OF THE ACT AND RESULTANT INCOME I.E. TAXABLE INCOME IS TO BE SUBJECTED TO MAXIMUM MARGINAL RATES . APPLYING 13 ITA NO. 247/JP/2017 GANGA DEVI MEMORIAL CHARITABLE TRUST, JAIPUR. THIS SCHEME OF THE I T ACT TO ASSESSEE CASE THE NO N-BENEFICIAL INCOME IS IN THE FORM OF DIVIDEND INCOME FROM TISCO SHARES. THERE IS NO DISPUTE BETWEEN THE PARTIES ABOUT THE NATURE OF INCOME BEING DIVIDEND AND QUANTUM THEREOF. IN THE BACKDROP OF THESE FACTS THE DIVIDEND INCOME BEING EXEMPT FROM INCOME BY EXPRESS PROVISIONS OF SEC 10(34), THE DIVIDEND INCOME IS EX EMPT FROM INCOME TAX. THIS BEING SO, IN THE RESULT THERE REMA INS NO TAX LIABILITY ON THE TRUST. CONSEQUENTLY WE HOLD ACCORD INGLY AND DELETE THE ADDITIONS IN THIS BEHALF. OUR JUDGMENT IS FORTI FIED BY THE JUDGMENTS CITED BY THE ASSESSEES COUNSEL (SUPRA) W HICH DEAL WITH THE ISSUE BEFORE US WITH PRECISION AND WHICH WE RES PECTFULLY FOLLOW. APROPOS THE CASE LAWS CITED BY LD DR THEY HAVE BEEN CONSIDERED BY ABOVE JUDICIAL PRECEDENTS TO ARRIVE A T THE ABOVE CONCLUSION, WHICH WE ARE RESPECTFULLY FOLLOWING. WE MAY HASTEN TO ADD THAT EVEN DEPARTMENT HAS NOT BEEN TAKING ANY PA RTICULAR STAND AND ALLOWING THE BENEFITS OF SEC 11 AND 12 IN SOME OF THE YEARS, THEN RETHINKING AND REFUSING THE BENEFITS BY REOPENING THE ASSESSMENTS. THUS EVEN THE DEPARTMENT HAS ITS OWN S HARE OF INTERPRETATIONS, LEADING TO REPETITIVE PROCEEDINGS. IN CONSIDERATION OF ALL THE FOREGOING, WE ALLOW THE APPEAL FILED BY THE ASSESSEE. HENCE, IN VIEW OF THE ABOVE FACTS AND CIRCUMSTANCES OF THE CASE AS WELL AS FOLLOWING THE DECISION OF COORDINATE BENCH OF THE TRIBUNAL, W E HOLD THAT WHEN THE ASSESSEE HAS ALREADY APPLIED 85% OF THE INCOME FOR CHARITABL E PURPOSES THEN THE INVESTMENT IN QUESTION IN VIOLATION OF PROVISIONS OF SECTION 1 1(5) READ WITH SECTION 13(1)(D) WOULD ATTRACT THE PROVISIONS OF SECTION 164(2) ONLY IN RESPECT OF THE INCOME ON SUCH INVESTMENT. THE ASSESSEE HAS EARNED THE INCOME ON SUCH INVESTMENT IN THE SUBSEQUENT YEAR AND, THEREFORE, NO ADDITION IS CALL ED FOR FOR THE YEAR UNDER CONSIDERATION EITHER ON THE INVESTMENT OR INCOME FR OM SUCH INVESTMENT. 14 ITA NO. 247/JP/2017 GANGA DEVI MEMORIAL CHARITABLE TRUST, JAIPUR. CONSEQUENTLY, WE SET ASIDE THE ORDERS OF THE AUTHOR ITIES BELOW AND DELETE THE ADDITION MADE BY THE AO. 6. IN THE RESULT, APPEAL OF THE ASSESSEE IS ALLOWED . ORDER PRONOUNCED IN THE OPEN COURT ON 27/06/2018 . SD/- SD/- HKKXPUN FOT; IKY JKWO (BHAGCHAND) ( VIJAY PAL RAO ) YS[KK LNL;@ ACCOUNTANT MEMBER U;KF;D LNL;@ JUDICIAL MEMBER TK;IQJ@ JAIPUR FNUKAD@ DATED:- 27/06/2018. DAS/ VKNS'K DH IZFRFYFI VXZSFKR@ COPY OF THE ORDER FORWARDED TO: 1. VIHYKFKHZ@ THE APPELLANT-GANGA DEVI MEMORIAL CHARITABLE TRUST, JAIPUR. 2. IZR;FKHZ@ THE RESPONDENT-THE ITO (EXEMPTIONS), WARD-1, JAIPUR . 3. VK;DJ VK;QDR@ CIT 4. VK;DJ VK;QDR@ CIT(A) 5. FOHKKXH; IZFRFUF/K] VK;DJ VIHYH; VF/KDJ.K] T;IQJ@ DR, ITAT, JAIPUR 6. XKMZ QKBZY@ GUARD FILE {ITA NO. 247/JP/2018} VKNS'KKUQLKJ@ BY ORDER, LGK;D IATHDKJ@ ASST. REGISTRAR