The Indian Steel & Wire Products Ltd., Kolkata V. ITO, WD-3(2), KOLKATA, Kolkata

ITA 1128/KOL/2016

• Counselvise Citation: [2018] 126 COUNSELVISE.COM (IT) 1169 (ITAT-KOLKATA)
• Duration Of Justice: 1 year(s) 10 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-03-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2007-2008
• Appeal Filed On: 24-05-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: G MALLIKARJUNA
• Assessee Lawyers: N O N E

Judgement Text

1 ITA NOS.1128 & 1129/KOL/2016 THE INDIAN STEEL & WIRE PRODUCTS LTD., AYS 2007-08 & 2010-11 , C , IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH: KOL KATA ( ) . . , . ' # $% % , '( ) [BEFORE SHRI A. T. VARKEY, JM & DR. A. L. SAINI, A M] I.T.A. NOS. 1128 & 1129/KOL/2016 ASSESSMENT YEARS: 2007-08 & 2010-11 THE INDIAN STEEL & WIRE PRODUCTS LTD. (PAN: AABCT1067C) VS. INCOME-TAX OFFICER, WD-3(2), KOLKATA APPELLANT RESPONDENT DATE OF HEARING 27.03.2018 DATE OF PRONOUNCEMENT 27.03.2018 FOR THE APPELLANT N O N E FOR THE RESPONDENT SHRI G. MALLIKARJUNA, CIT, DR ORDER PER SHRI A.T.VARKEY, JM BOTH THESE APPEALS FILED BY THE ASSESSEE ARE AGAINS T THE SEPARATE ORDERS OF CIT(A)-1, KOLKATA, DATED 31.03.2016 FOR AY 2007-08 AND 2010-1 1. 2. AT THE TIME OF HEARING FIXED IN THIS CASE I.E. O N 27-03-2018, NEITHER ANYBODY APPEARED ON BEHALF OF THE ASSESSEE NOR HAS HE FILED ANY APPL ICATION SEEKING ADJOURNMENT DESPITE THE FACT THAT ON LAST OCCASION I.E. ON 12.02.2018 NOTIC E FOR HEARING WAS SENT BY RPAD FIXING THE CASE FOR HEARING ON 27.03.2018. IT APPEARS FROM THI S CONDUCT OF THE ASSESSEE THAT ASSESSEE IS NOT SERIOUSLY INTERESTED IN PURSUING THIS APPEAL BE FORE THE TRIBUNAL. THE HONBLE SUPREME COURT IN THE CASE OF CIT VS. B. N. BHATTACHARJEE & ANR. 118 ITR 461 (SC) OBSERVED THAT PREFERRING AN APPEAL MEANS EFFECTIVELY PURSUING IT AND THE LAW DOES NOT HELP A SLEEPING LITIGANT. HENCE, THE ASSESSEES APPEALS ARE LIABLE TO BE DISMISSED AS UN-ADMITTED. WE, THEREFORE, RELYING UPON THE DECISION OF ITAT DELHI BENCH IN THE CASE OF CIT VS. MULTIPLAN INDIA (PVT.) LTD., 38 ITD 320 (DEL), DISMISS BOTH T HESE APPEALS OF THE ASSESSEE FOR NON- APPEARANCE. 2 ITA NOS.1128 & 1129/KOL/2016 THE INDIAN STEEL & WIRE PRODUCTS LTD., AYS 2007-08 & 2010-11 3. WE, FURTHER, MAKE IT CLEAR THAT IF THE ASSESSEE IS ADVISED TO MOVE APPROPRIATE APPLICATION TO RECALL THIS ORDER, THEN IT IS AT LIB ERTY TO DO SO FOR JUST CAUSE AND THE TRIBUNAL MAY DECIDE IN ACCORDANCE TO LAW. 4. IN THE RESULT, BOTH THE APPEALS OF ASSESSEE ARE DISMISSED. ORDER IS PRONOUNCED IN THE OPEN COURT. SD/- SD/- (DR. A. L. SAINI) (ABY. T. VARKEY) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED : 27TH MARCH, 2018 JD.(SR.P.S.) COPY OF THE ORDER FORWARDED TO: 1. APPELLANT THE INDIAN STEEL & WIRE PRODUCTS LTD ., 7, RED CROSS PLACE, KOLKATA-700 001. 2 RESPONDENT- ITO, WARD-3(2), KOLKATA. 3. THE CIT(A) , KOLKATA. 4. 5. CIT , KOLKATA. DR, KOLKATA BENCHES, KOLKATA / TRUE COPY, BY ORDER, SR. PVT. SECRETARY