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2015 (10) TMI 2664

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...., CIT, DR ORDER A. K. Garodia (Accountant Member) This is an assessee's appeal directed against the order of Ld. CIT (Exemptions)- Lucknow, dated 31.03.2015 u/s 12AA of the Income Tax Act, 1961 (referred in short as 'Act'). 2. It was submitted by the Ld. AR of the assessee that submissions filed before Ld. CIT (Exemptions) dated 31.03.2015 are available on pages 1 to 26 of the paper bo....

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....we find that on all the query of the Ld. CIT (Exemptions), reply of the assessee was submitted before Ld. CIT (Exemptions) along with copy of letter of confirmation of affiliation by Wrestling Federation of India and U.P. Olympic Association. The only objection of Ld. CIT (Exemptions) is this that books of accounts and bills/vouchers have not been produced for verification. In our considered opini....