2019 (1) TMI 1201

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....Rajesh Gawali ORDER PER SUSHMA CHOWLA, JM: The appeal filed by assessee is against order of CIT(A)-7, Pune, dated 18.01.2018 relating to assessment year 2014-15 against order passed under section 143(3) of the Income-tax Act, 1961 (in short 'the Act'). 2. The assessee has raised the following grounds of appeal:- 1. CIT(A) has erred in not granting deduction u/s 80P for Interes....

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....ecord. Briefly, in the facts of the case, the assessee was Credit Co-operative Society engaged in the activity of accepting deposits from members and giving advances to its members. The assessee filed return of income declaring total income at Nil on 29.11.2014. The case of assessee was selected for scrutiny under CASS and the Assessing Officer was of the view that the interest on the investments ....