2018 (4) TMI 1832

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....MBER For the Appellant : Shri B.S. Balachandran, Advocate For the Respondent : Shri C.H. Sundar Rao, CIT (DR) ORDER Per Shri A.K. Garodia, Accountant Member This appeal is filed by the assessee which is directed against the order of ld. CIT (A)-5, Bangalore dated 15.09.2017 for Assessment Year 2014-15. 2. The grounds raised by the assessee are as under. "1. The order of ....

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.... ought to have appreciated that it was NEVER the case of the AO that appellant had transactions with "NOMINATED" members nor did the appellant kept itself open for 'general public' and hence the decision of supreme court in Citizen Co-operative case was not at all applicable. 5. Without prejudice, the CIT(A) ought to have appreciated that in the absence of a specific finding by th....

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....stored back to the file of CIT(A) for fresh decision by way of a speaking and reasoned order after comparing the facts of the present case with the facts of that case. The ld. DR of revenue supported the order of CIT(A). 4. We have considered the rival submissions and we find force in the submissions of ld. AR of assessee because we find that the facts of the present case and the facts of that ....