VHCL Industries Ltd., Mumbai V. A.C.I.T Cir - 5,kolkata, Kolkata

ITA 1036/KOL/2013

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 4621 (ITAT-KOLKATA)
• Duration Of Justice: 3 year(s) 2 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-07-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 05-07-2016
• Assessment Year: 2005-2006
• Appeal Filed On: 02-05-2013
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: MD GHYASUDDIN JCITSRDR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH C KOLKATA BEFORE SHRI N.V.VASUDEVAN, JUDICIAL MEMBER AND SHRI WASEEM AHMED, ACCOUNTANT MEMBER ITA NO. 1036 / KOL / 2013 ASSESSMENT YEAR :2005-06 VHCL INDUSTRIES LTD. B/4, UNIQUE HOUSE, CARDINAL GRACIOUS ROAD, CHAKALA, ANDHERI (E), MUMBAI-400 099 [ PAN NO.AAACV 9154 H ] V/S . ACIT, CIRCLE-5, AAYAKAR BHAWAN, P-7, CHOWRINGHEE SQUARE, KOLKATA-700 069 /APPELLANT .. / RESPONDENT /BY APPELLANT NONE /BY RESPONDENT MD. GHYASUDDIN, JCIT,SR-DR /DATE OF HEARING 05-07-2016 /DATE OF PRONOUNCEMENT 05-07-2016 / O R D E R PER WASEEM AHMED, ACCOUNTANT MEMBER:- THIS APPEAL BY THE ASSESSEE IS AGAINST THE ORDER O F COMMISSIONER OF INCOME TAX (APPEALS)-VI, KOLKATA DATED 10.01.2013. ASSESSMENT WAS FRAMED BY ACIT, CIRCLE-5, KOLKATA U/S 147/143(1) OF THE IN COME TAX ACT, 1961 (HEREINAFTER REFERRED TO AS THE ACT) VIDE HIS ORD ER DATED 08.12.2009 FOR ASSESSMENT YEAR 2005-06. 2. AT THE TIME OF HEARING NEITHER APPEARED NOR FIL ED ANY ADJOURNMENT APPLICATION ON BEHALF OF ASSESSEE THOUGH NOTICE OF HEARING SENT TO ASSESSEE ITA NO.1036/KOL/2013 A.Y.2005-06 VHCL INDS. LTD. V. ACIT,CIR-5 KOL. PAGE 2 THROUGH RPAD. IT APPEARS THAT THE ASSESSEE IS NOT INTERESTED IN PROSECUTING THE APPEAL. IN VIEW OF THE DECISIONS IN THE CASE O F CIT VS. MULTIPLAN (I) LTD., REPORTED IN 38 ITD 320 (DEL.), HONBLE MP HIGH COUR T IN THE CASE OF ESTATE OF LATE TUKJIRAO HOLKAR VS. CWT 223 ITR 480 AND HONBL E PUNJAB AND HARYANA HIGH COURT IN THE CASE OF NEW DIWAN OIL MILLS VS. C IT 296 ITR 495 (P & H) AND THE HONBLE SUPRME COURT IN THE CASE OF CIT VS. B.N.BHATTACHARJEE & ANOTHER 296 ITR 495 (SC), LAYING DOWN PROPOSITION T HAT A LITIGANT HAS NOT ONLY TO FILE AN APPEAL BUT HAS TO PROSECUTE THE SAME DI LIGENTLY AND ON FAILURE TO SO PROSECUTE THE APPEAL CAN BE DISMISSED FOR NON PROSE CUTION, WE DISMISS THE APPEAL OF THE ASSESSEE IN LIMINE FOR WANT OF PROSEC UTION. 3. IN THE RESULT, ASSESSEES APPEAL IS DISMISSED IN LI MINE. ORDER PRONOUNCED IN THE OPEN COURT 05/0 7/2016 ( !') ( !') (N.V.VASUDEVAN) (WASEEM AHMED) (JUDICIAL MEMBER) (ACCOUNTANT MEMBER) KOLKATA, *DKP $!% &- 05 / 07 /201 6 / COPY OF ORDER FORWARDED TO:- 1. /APPELLANT-VHCL INDUSTRIES LTD. B/4, UNIQUE HOUSE, CARDINAL GRACIOUS ROAD, CHAKALA, A NDHERI (E), MUMBAI-400 099 2. /RESPONDENT-ACIT, CIRCLE-5, AAYAKAR BHWAN, P-7, CHO WRINGHEE SQ. KOL-69 3. %.%/0 1 1 2 / CONCERNED CIT KOLKATA 4. 1 1 2- / CIT (A) KOLKATA 5. 567 /0, 1 /0 , / DR, ITAT, KOLKATA 6. 7:; <= / GUARD FILE. BY ORDER/ 1! , / % 1 /0 ,