Gayatri Infra Ventures Limited, Hyderabad, Hyderabad V. ACIT, Circle-2(3), Hyd, Hyderabad

ITA 1399/HYD/2016

• Counselvise Citation: [2017] 128 COUNSELVISE.COM (IT) 2311 (ITAT-HYDERABAD)
• Duration Of Justice: 9 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-07-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 19-06-2017
• Assessment Year: 2009-2010
• Appeal Filed On: 17-10-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: B RAJARAM

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH A, HYDERABAD BEFORE SMT P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI S. RIFAUR RAHMAN, ACCOUNTANT MEMBER ITA NO. 1399/HYD/2016 ASSESSMENT YEAR: 2009-10 M/S GAYATRI INFRA VENTURES LTD, HYDERABAD. PAN AADCG1028Q VS. ACIT, CIRCLE-2(3), HYDERABAD. (APPELLANT) (RESPONDENT) ASSESSEE BY : NONE REVENUE BY : SHRI B. RAJARAM DATE OF HEARING : 05-07-2017 DATE OF PRONOUNCEMENT : 27-07-2017 ORDER PER P. MADHAVI DEVI, J.M.: THIS IS ASSESSEES APPEAL FOR THE A.Y 2009-10. THE REGISTRY HAD POINTED OUT CERTAIN DEFECTS AND ACCORDINGLY ISSUED A NOTICE TO THE ASSESSEE ALONG WITH A NOTICE FOR HEARING OF THE APPEAL. THE APPEAL WAS INITIALLY FIXED FOR HEARING ON 12-01-2017 AND THE LD. COUNSEL FOR THE ASSESSEE APPEARED AND SOUGHT TIME TO RECTIFY THE DEFECTS. SUBSEQUENTLY, THE ASSESSEE HAS BEEN TAKING TIME ON ONE OF THE OTHER GROUND TILL 11-05-2011. ON 16-05-2017, THE CASE WAS ADJOURNED TO 19-06-2017 AT THE REQUEST OF LD. DR. ON 19-06-2017, THE LD. COUNSEL FOR ASSESSEE SOUGHT TIME TO GET A DECLARATION THAT THERE IS NO MANAGING DIRECTOR IN THE 2 ITA NO. 1399/HYD/2016 MS. GAYATRI INFRA VENTURES LTD, HYDERABAD. COMPANY, AND AT HIS REQUEST, THE CASE WAS ADJOURNED TO 05-07-2017. HOWEVER, ON 05-07-2017, NONE APPEARED FOR THE ASSESSEE NOR ANY APPLICATION FOR ADJOURNMENT IS FILED. IN VIEW OF THE SAME, IT IS PRESUMED THAT ASSESSEE IS NOT INTERESTED TO PURSUE THE APPEAL BEFORE THE TRIBUNAL. THEREFORE, RESPECTFULLY FOLLOWING THE DECISION OF THE TRIBUNAL IN THE CASE OF MULTIPLAN (INDIA) LTD., (38 ITD 320) AND THE DECISION OF THE HONBLE MADHYA PRADESH HIGH COURT IN LATE TUKOJIRAO HOLKAR (223 ITR 480), WE DEEM IT FIT AND PROPER TO DISMISS THESE APPEALS. 2. IN THE RESULT, THE ASSESSEES APPEAL IS DISMISSED. PRONOUNCED IN THE OPEN COURT ON 27 TH JULY, 2017. SD/- SD/- (S. RIFAUR RAHMAN) (P. MADHAVI DEVI) ACCOUNTANT MEMBER JUDICIAL MEMBER HYDERABAD, DATED: 27 TH JULY , 2017. KRK 1 M/S. GAYATRI INFRA VENTURES LTD. 6-3-1090, B-1, TSR TOWERS, RAJ BHAVAN ROAD, SOMAJIGUDA, HYDERABAD - 500082 2 ACIT-CIRCLE-2(3), HYDERABAD. 3 CIT(A)-12, HYDERABAD. 4 THE PR. COMMISSIONER OF INCOME TAX, (CENTRAL), HYDERABAD. 5 THE DR, ITAT HYDERABAD 6 GUARD FILE