Gullistan Co-Op Group Housing Society Ltd. v. ITO (2023) 199 ITD 236 (Delhi) (Trib.)

S. 68 : Cash credits-Construction of flats-Amount received from members-Confirmation letter is filed-Source of the source not required to be proved-Addition is deleted. [S. 131]

Deleting the addition the Tribunal held that the assessee had filed  confirmation letter  the authorities could not demand assessee society to prove source of source but they could summon members if they did not appear on request of assessee society, the  addition is deleted.  (AY. 2011-12)