9911796707
TMI Blog2013 (2) TMI 47X X X X Extracts X X X X X X X X Extracts X X X X ..... sp; The present appeal has been filed under Section 260-A of the Income-tax Act, 1961, hereinafter referred to as "the Act" against the order dated 4th June, 2009 passed by the Income-tax Appellate Tribunal, Delhi Bench "C", New Delhi. The Commissioner of Income-tax, Ghaziabad has proposed the following questions of law said to be arising out of the order of the Tribunal. "1.Whether on the facts ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... well as special auditors appointed u/s 142(2A) of IT Act, 1961, had valid and sufficient duly confronted reasons to disbelieve assessee's version." Briefly stated the facts giving rise to the present appeal are as follows: The appeal relates to the Assessment Year 2004-05. The respondent-assessee is a Cooperative Society and is engaged in the business of money lending. During the assessment yea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aring for the Revenue and Sri R.R. Kapoor, learned counsel appearing for the respondent-assessee. We find that this Court in ITA No.236 of 2009, Commissioner of Income Tax, Ghaziabad v. Ghaziabad Zila Sahkari Bank, Ghaziabad, decided on 29.12.2012 and ITA No.223 of 2009, Commissioner of Income Tax v. Ghaziabad Zila Sahkari Bank, decided on 5.12.2012 held that the cooperative banks who are carryin ..... X X X X Extracts X X X X X X X X Extracts X X X X
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