In the result, appeal filed by the assessee stands dismissed
Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm
disallowing the claim for deduction u/s. 80P by holding that the assessee is dealing with the non-members. 5. Being aggrieved, an appeal was filed before the CIT(A). While matter stood thus, the AO noticed that assessee violated the provisions of section 269SS of the Act by accepting cash deposits and repaid the deposits in cash. Therefore, made