2022 (12) TMI 797

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....e arises out of the ex parte order dated 15-07-2022 passed by the National Faceless Appeal Centre (NFAC), Delhi u/s.250 of the Income-tax Act, 1961 (hereinafter also called 'the Act.) in relation to the assessment year 2018-19. 2. I have heard the ld. DR and gone through the relevant material on record. There is no appearance from the side of assessee despite notice. I, therefore, proceed to di....

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....s. The ld. CIT(A) affirmed the view point of the AO on this score. Aggrieved thereby, the assessee has approached the Tribunal. 4. After hearing the ld. DR and perusing the relevant material on record, it is seen that the assessee is a co-operative society registered under Maharashtra Cooperative Societies Act, 1960. During the year under consideration, the assessee earned interest amounting to....