Tex Biosciences (P) Ltd., CHENNAI V. ACIT, CHENNAI

ITA 1235/CHNY/2015

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 95893 (ITAT-CHENNAI)
• Duration Of Justice: 2 month(s) 28 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-08-2015
• Appeal Filed By: Assessee
• Bench Allotted: B
• Next Hearing Date: 11-08-2015
• Assessment Year: 2008-2009
• Appeal Filed On: 22-05-2015
• Court: TRIBUNAL
• Department Lawyers: DR B NISCHAL

Judgement Text

, , IN THE INCOME - TAX APPELLATE TRIBUNAL B BENCH, CHENNAI , . , BEFORE SHRI CHANDRA POOJARI , ACCOUNTANT MEMBER & SHRI V. DURGA RAO, JUDICIAL ME MBER I.T.A. NO. 123 5/MDS/2015 ASSESSMENT YEAR : 2008 - 09 M/S. TEX BIOSCIENCES (P) LTD., NEW NO. 75/OLD NO. 47, IVTH AVENUE ASHOK NAGAR, CHENNAI 600 083. [PAN: A AAC T2307C ] VS. THE ASSISTANT COMMISSIONER OF INCOME TAX , CORPORATE CIRCLE 3 (1), CHENNAI. ( / APPELLANT ) ( / RESPONDENT ) / APPELLANT BY : NONE / RESPONDENT BY : DR. B. NISCHAL , J CIT / DATE OF HEARING : 11 . 0 8 .201 5 / DATE OF P RONOUNCEMENT : 19 . 0 8 .201 5 / O R D E R PER V. DURGA RAO, JUDICIAL MEMBER : TH I S APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF THE LD. COMMISSIONER OF INCOME TAX (APPEALS) 1 1 , C HENNAI , DATED 20 . 0 3 .20 1 5 RELEVANT TO THE ASSESSMENT YEAR 2008 - 09 . 2. D ESPITE SERVICE OF NOTICE [AD ON RECORD] , NONE APPEARED ON BEHALF OF THE ASSESSEE WHEN THE APPEAL W AS TAKEN UP FOR HEARING O R ANY ADJOURNMENT APPLICATION FILED ON BEHALF OF THE ASSESSEE. HENCE, IT IS INFERRED THAT THE ASSESSEE IS NOT INTERESTED IN PROSECUTI NG THE APPEAL. I.T.A. NO . 123 5 /M/ 15 2 3 . THEREFORE, HAVING REGARD TO RULE 19(2) OF ITAT RULES AND FOLLOWING THE DECISION OF THE DELHI BENCH OF THE TRIBUNAL IN THE CASE OF MULTIPLAN (INDIA) LTD. (38 ITD 320) AND THE JUDGMENT OF THE HON BLE MADHYA PRADESH HIGH COURT IN THE CASE OF LATE TUKOJIRAO HOLKAR (223 ITR 480), THE APPEAL OF THE ASSESSEE IS DISMISSED FOR WANT OF PROSECUTION. 4 . IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED ON WEDNESDAY, THE 19 TH OF AUGUST, 2015 AT CHENNAI. SD/ - SD/ - ( CHANDRA POOJARI ) A CCOUNTANT MEMBER ( V. DURGA RAO ) JUDICIAL MEMBER CHENNAI, DATED, THE 19 . 0 8 .201 5 VM/ - / COPY TO: 1. / APPELLANT , 2. / RESPONDENT , 3. ( ) / CIT(A) , 4. / CIT , 5. / DR & 6. / GF.