2015 (1) TMI 1416

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....ssessee, is directed against the order dated 14-06-2013, passed by the CIT(Appeals)-IV, New Delhi in appeal no. 138/12-13, relating to A.Y. 2003-04. Following ground is raised: "The Learned CIT(A) has erred on facts as well as in law in sustaining the addition of Rs. 750000/- even though these two loans are from parties who are regular assesses and confirmations were fully filed before AO as wel....

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....t is, inter alia, stated that the evidences filed by the assessee were not placed on record and in the remand report called for by ld. CIT(A) it was, inter alia, stated that assessee did not file any particulars/ source of income of parties, their creditworthiness etc. and accordingly ld. CIT(A) observed that no confirmation letters from the creditors were filed before the AO and the assessee fail....