TMI Blog2014 (7) TMI 562X X X X Extracts X X X X X X X X Extracts X X X X ..... ed by the Society and in view of the statement made by Shri G.C. Suyal that he has not purchased property for his personal use rather it has been purchased for the Society for the establishment of new school of the Society – thus, it must be held that name of Shri G.C. Suyal appears in the sale deed in a representative capacity, being President of the Society, and property belongs to the Society - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the private and personal use. It is not in dispute that petitioner Society is running educational institution which is duly approved by the competent authority. Undisputedly, notice was issued to Shri G.C. Suyal, President of the Society to explain as to under what circumstances property was purchased in his own name from the funds of the Society. In reply to the show cause notice issued, S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ociety, therefore, it must be held that name of Shri G.C. Suyal appears in the sale deed in a representative capacity, being President of the Society, and property belongs to the Society. It has not been observed anywhere in the impugned order that Society is earning income from the purpose of the profit. It has also not been observed that Society/Institution is doing any business. Therefore, o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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