2015 (4) TMI 1358

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.... PER D. KARUNAKARA RAO, AM: This appeal filed by the assessee, against the order of the Ld. CIT(A) Varanasi, dated 22.02.2013 for the A.Y. 2009-10. 2. Grounds of appeal are argumentative and the issue that arises from the grounds relates to the addition of Rs.25,97,200/-, the amount received from Bharat Lok Shiksha Parishad, New Delhi. AO made addition of the same for the reasons given in pa....

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....her business entity. During the first appellate proceedings, assessee could not improve his case. Contents of para 6 of the impugned order is relevant. The Ld. CIT(A) confirmed the addition made by the AO without appreciating the facts of the case. Aggrieved with the same, the assessee is in appeal with the issue summarized above. 4. Before us, learned counsel for the assessee demonstrated that....

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....evidences. There is no clarity in the orders of the revenue about the business connections of the assessee Bharat Lok Shiksha Parishad, New Delhi. AO is required to examine the expenditure treating the assessee as independent business entity. The assessee is required to earn income and incur the expenditure like any business entity. This is the claim of the assessee that the expenditure incurred b....