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2005 (6) TMI 26 - HC - Income Tax
Assessee, a co-operative society, is engaged in the business of banking - "Whether the appellate authority was right in law in confirming the order of the Commissioner of Income-tax (Appeals) deleting the addition of Rs. 1,80,95,811 in respect of fixed deposit and Rs. 21,71,500 in respect of interest?" - Held that the Tribunal was right in law in confirming the order of the Commissioner of Income-tax (Appeals) deleting the addition of Rs. 1,80,95,811 in respect of fixed deposits and Rs. 21,71,500 in respect of the interest.