2018 (8) TMI 1860

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....n, Judicial Member And Shri S. Jayaraman, Accountant Member Assessees' by: Shri M. Narayanan, Rtd. Addl. CIT    Revenue by: Shri G.D. Jayanthi, JCIT  ORDER S. Jayaraman, The above assessees  filed these Miscellaneous Petitions against the orders of this tribunal in ITA Nos. 2327 & 2332/Chny/2017 for assessment year 2011-12 & 2014-15, respectively,  wherein, ....

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....g credit facilities to its members and hence they are not entitled to the benefit of section 80P(2)(A)(i).  Against these orders, the above assessees filed these petitions  in MP Nos. 88 & 90/Chny/2018, respectively.   2. We heard the rival contentions.  From the various judgements of the Supreme Court and other High Courts, it is clear,  that the Tribunal's power u/s. ....