M/s Triangle Property Developers Pvt Ltd , Bangalore V. Joint Commissioner of Income Tax (OSD) O/O CIT-III, Bangalore

ITA 1240/BANG/2017

• Counselvise Citation: [2017] 127 COUNSELVISE.COM (IT) 7319 (ITAT-BANGALORE)
• Duration Of Justice: 5 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-11-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2011-2012
• Appeal Filed On: 01-06-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: PADMA MEENAKSHI

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCHES B, BANGALORE BEFORE SHRI A.K.GARODIA, AM & SHRI GEORGE GEORGE K, JM ITA NO.1239/BANG/2017 : ASST.YEAR 2009-2010 ITA NO.1240/BANG/2017 : ASST.YEAR 2011-2012 M/S.TRIANGLE PROPERTY DEVELOPERS PRIVATE LIMITED C/O.J.J. & CO., ADVOCATES &TEX CONSULTANTS 210/53, VANI VILAS ROAD BASAVANAGUDI BANGALORE 560 004. PAN : AAACF3150D. THE JT.COMMISSIONER OF INCOME-TAX (OSD) / DCIT, CIRCLE 12(4) BANGALORE. (APPELLANT) VS. (RESPONDENT) APPELLANT BY : --- NONE --- RESPONDENT BY : SMT.PADMAMEENAKSHI, JCIT DATE OF HEARING : 01.11.2017 DATE OF PRONOUNCEMENT : 03.11.2017 O R D E R PER GEORGE GEORGE K, JM THESE TWO APPEALS AT THE INSTANCE OF THE ASSESSEE ARE DIRECTED AGAINST TWO SEPARATE THE ORDERS OF THE CIT (A). THE RELEVANT ASSESSMENT YEARS ARE 2009-2010 AND 2011-20 12. 2. WHEN THE APPEALS WERE CALLED FOR HEARING TODAY, NOBODY APPEARED ON BEHALF OF THE ASSESSEE. THE NOTICE OF H EARING HAS BEEN DULY SERVED ON THE ASSESSEE. THE ACKNOWLEDGEME NT- CUM-NOTICE IS PLACED ON RECORD. IT IS, THEREFORE, P RESUMED THAT THAT THE ASSESSEE IS NOT INTERESTED IN PROSECUTING ITS APPEALS. HENCE, WE DISMISS THE APPEALS OF THE ASSESSEE IN LIMINE FOR ITA NO.1239/BANG/2017 ITA NO.1240/BANG/2017. M/S.TRIANGLE PROPERTY DEVELOPERS P.LTD. 2 NON-PROSECUTION, BY FOLLOWING THE JUDGMENT OF THE H ONBLE MADHYA PRADESH HIGH COURT IN THE CASE OF ESTATE OF TUKOJI RAO HOLKAR V. CWT [(1997) 223 ITR 480 (MP)] AND THE DECISION OF THE DELHI BENCH OF THE TRIBUNAL IN CIT V. MULTIPLAN INDIA P. LTD. [(1991) 38 ITD 320]. 3. IN THE RESULT, THE APPEALS BY THE ASSESSEE ARE D ISMISSED. ORDER PRONOUNCED ON THIS 03 RD DAY OF NOVEMBER , 2017. SD/- SD/- (A.K.GARODIA) (GEORGE GEORGE K.) ACCOUNTANT MEMBER JUDICIAL MEMBER BANGALORE ; DATED :03 RD NOVEMBER, 2017. DEVDAS* COPY OF THE ORDER FORWARDED TO : TRUE COPY BY ORDER, (ASSTT. REGISTRAR) ITAT, BANGALORE 1. THE APPELLANT 2. THE RESPONDENT. 3. THE CIT, MYSURU. 4. CIT(A), MYSURU 5. DR, ITAT, BANGALORE 6. GUARD FILE.