2018 (4) TMI 1863

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..... CIT (DR) ORDER Per Shri A.K. Garodia, Accountant Member This appeal is filed by the assessee which is directed against the order ofld. CIT(A)-5, Bangalore dated 16.10.2017 for Assessment Year 2013-14. 2. The grounds raised by the assessee are as under. "1. The order of the Learned Assessing Officer is not justified in law and on facts and circumstances of the case. ....

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.... Ltd Civil Appeal No 10245 of 2017, where it was held that any income that the Appellant has been denied the benefit of 80P(2)(a)(i) on the grounds that it mostly collected deposits from the nominal members and lent loan to nominal members. The Appellant cannot be treated as co-operative society meant only for its members and providing credit facilities to its members". In our case, Appellant is a....

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....f hearing was sent to assessee's address provided by assessee in form no. 36 and hence, the service of notice is presumed. In spite of this, none appeared on behalf of the assessee on the appointed date of hearing i.e. 12.04.2018 and therefore, the appeal of the assessee was heard ex-parte qua the assessee. This is also noted that along with the notice for hearing, defect memo was also issued to t....