u/s 80P, in theassessee`s case is correct. 10. Aggrieved by the order of the ld.CIT(A), the assessee is in further appeal before us. 11. Shri D.M. Rindani, Learned Counsel for the assessee, argued that the reasons were recorded on different footing to tax the cash credit transaction to the tune of Rs.2,87,70,000/-. However, the assessing