2012 (2) TMI 620

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..... those activities could not have been considered as independent activities carried out by the assessee with profit motive. The dominant object of the assessee of advancing the cause of education has been accepted. Search and seizure operation u/s 132 on 2.8.2007. This portion has not been looked into either by the Commissioner of Income Tax or Income Tax Appellate Authority. Mr.Dewani has pointe .....

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..... inting press and agricultural income and found that those activities could not have been considered as independent activities carried out by the assessee with profit motive. The dominant object of the assessee of advancing the cause of education has been accepted. Mr. Parchure has, however, invited our attention to paragraph 6 of the appeal-memo which discloses the fact of search and seizure op .....

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