https://www.taxtmi.com/caselaws?id=247917 The Tribunal upheld the CIT(A)'s decision that the assessee followed KYC norms and maintained systematic records, and that the society was excluded from the purview of section 68 of the Act for member deposits. The Tribunal dismissed the Revenue's appeal, confirming the deletion of the addition under S.68. en-us Tue, 29 Apr 2014 00:00:00 +0530 Tue, 27 May 2014 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247917 The Tribunal upheld the CIT(A)'s decision that the assessee followed KYC norms and maintained systematic records, and that the society was excluded from the purview of section 68 of the Act for member deposits. The Tribunal dismissed the Revenue's appeal, confirming the deletion of the addition under S.68. Case-Laws Income Tax Tue, 29 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247917