ST JOSEPHS EDUCATIONAL AND CHARITABLE TRUST,KOTTAYAM vs. INCOMETAX OFFICER(EXEMPTION WARD) KOTTAYAM, KOTTAYAM

In the result, the appeal filed by the assessee stands partly allowed for statistical purposes

Bench: Shri Inturi Rama Rao, Am & Shri Anikesh Banerjee, Jm

Trust. The AO also made addition on account of receipt of interest income of Rs. 20,73,440/-. He also made addition on account of term deposit of Rs. 15,00,000/- as unexplained investment of the assessee for failure of the assessee to offer explanation in support of the source of the above investment. 3. Being aggrieved, an appeal