9911796707
TMI Blog2023 (1) TMI 1384X X X X Extracts X X X X X X X X Extracts X X X X ..... e assessee submitted that the deposits were received from 15 members in old currency between 09-11-2016 to 11-11-2016, which were deposited in the bank account HELD THAT:- It is seen that the assessee is a Urban Cooperative Credit Society which received Rs. 1,78,400/- from 15 depositors whose all the necessary particulars have been given. The list comprises receipt of Rs. 85,970/- from 3 small sav ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ICE PRESIDENT For the Assessee : Shri Sanket Joshi For the Revenue : Shri Piyush Kumar Singh Yadav ORDER PER R.S. SYAL, VP: This appeal by the assessee arises out of the order dated 21-06-2022 passed by the National Faceless Appeal Centre (NFAC), Delhi u/s. 250 of the Income-tax Act, 1961 (hereinafter also called the Act ) in relation to the assessment year 2017-18. 2. The only issue raised in thi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the AO made the addition for such sum u/s 68 of the Act, which came to be affirmed in the first appeal. Aggrieved thereby, the assessee has approached the Tribunal. 4. I have heard the rival submissions and perused the relevant material on record. It is seen that the assessee is a Urban Cooperative Credit Society which received Rs. 1,78,400/- from 15 depositors whose all the necessary particulars ..... X X X X Extracts X X X X X X X X Extracts X X X X
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