TMI BlogAO was not competent and did not possess the jurisdiction to resolve / decide the issue as to whether...AO was not competent and did not possess the jurisdiction to resolve / decide the issue as to whether the assessee was a 'Primary Agricultural Credit Society' or a 'Co-operative bank', within the meaning assigned to it under the provisions of the Banking Regulation Act and to take a contrary view especially in view of the Explanation provided after the clause (ccvi) of section 5 r.w.s Section 56 of the Banking Regulation Act. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
