M/s. M. Sarat Chandra Srikanth, Hyderabad V. The ITO Ward - 6(3), Hyderabad

ITA 1377/HYD/2010

• Counselvise Citation: [2011] 140 COUNSELVISE.COM (IT) 53642 (ITAT-HYDERABAD)
• Duration Of Justice: 11 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-10-2011
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 10-10-2011
• Assessment Year: 2007-2008
• Appeal Filed On: 02-11-2010
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: T DIWAKAR PRASAD

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD A BENCH, HYDERABAD BEFORE SHRI CHANDRA POOJARI, A.M.AND SMT. ASHA VIJAYARAGHAVAN, J.M. ITA NO.1377/HYD/2010 ASSESSMENT YEAR 2007-08 SHRI SARAT CHANDRA SRIKANTH, HYDERABAD (PAN AJDPM5674Q) VS THE ITO, W ARD 6(3), HYDERABAD. APPELLANT RESPONDENT APPELLANT BY : NONE RESPONDENT BY : SHRI T. DIWAKAR PRASAD DATE OF HEARING : 10.10.2011 DATE OF PRONOUNCEMENT : 10.10.2011 ORDER PER ASHA VIJAYARAGHAVAN, J.M. THIS APPEAL PREFERRED BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER PASSED BY THE CIT(A) IV DATED 13 .8.2010 AND PERTAINS TO THE ASSESSMENT YEAR 2007-08. 2. AT THE TIME OF HEARING ON 10.10.2011, NONE APPEARED ON BEHALF OF THE ASSESSEE AND NO APPLICATI ON FOR ADJOURNMENT WAS ALSO FILED. HENCE, WE ARE OF THE O PINION THAT THE ASSESSEE IS NOT INTERESTED IN PROSECUTING THE APPEAL. AS HELD BY THE HONBLE ITAT, DELHI BENCH I N THE CASE OF CIT VS. MULTIPLAN INDIA LIMITED (38 ITD 320 ), THERE MAY BE VARIOUS REASONS FOR THE ASSESSEE TO REMAIN A BSENT AT THE TIME OF HEARING. ONE OF THE REASONS MIGHT BE A DESIGN OR ABSENCE OF NEED TO PROSECUTE THE APPEAL. BY FOL LOWING THE SAID DECISION AND CONSIDERING THE FACTS AND ITA NO.1377/HYD/2010 SHRI SARAT CHANDRA SRIKANTH, HYDERABAD 2 CIRCUMSTANCES OF THE PRESENT CASE, WE DISMISS THE A PPEAL IN LIMINE. 3. IN THE RESULT, THE APPEAL FILED BY THE ASSESSE E STANDS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT 10.10.2011 SD/ - (CHANDRA POOJARI) SD/ - (ASHA VIJAYA RAGHAVAN) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED THE 10 TH OCT., 2011 COPY FORWARDED TO: 1. SHRI SARAT CHANDRA SRIKANTH, FLAT NO.203, PRASANTH I RESIDENCY, ROAD NO.12, ST.NO.20, BANJARA HILLS, HYDERABAD-34. 2. THE ITO, WARD 6(3), HYDERABAD 3. THE CIT(A) -IV, HYDERABAD 4. THE CIT, HYDERABAD 5. THE DR, ITAT, HYDERABAD NP/