ACIT(E), LUCKNOW vs. M/S. BHAGWANT INSTITUTE OF TECHNOLOGY, BIJNOR

In the result, the appeal of the Revenue is partly allowed

disallowed simply because they are outstanding. AO has not\ninvoked any section under which the addition is being made. They cannot\nbe held to be bogus and added as an income of the appellant in absence of\nany evidence being brought on record by AO. In view of the same the\naddition made by AO is deleted.\nThis ground