M/s. Foundation Finvest Lease Ltd., Delhi V. ITO, New Delhi

ITA 1588/DEL/2013

• Counselvise Citation: [2014] 140 COUNSELVISE.COM (IT) 74192 (ITAT-DELHI)
• Duration Of Justice: 11 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-02-2014
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 25-02-2014
• Assessment Year: 2004-2005
• Appeal Filed On: 18-03-2013
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: NIDHI SRIVASTAVA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH B NEW DELHI) BEFORE SHRI U. B. S. BEDI, JUDICIAL MEMBER AND SHRI SHAMIM YAHYA, ACCOUNTANT MEMBER I.T.A. NO. 1588 /DEL/2013 (ASSESSMENT YEAR 2004-05) M/S. FOUNDATION FINVEST LEASE LTD., VS. ITO, WARD 11(3), A-305,DERAWAL NAGAR, NEW DELHI DELHI 110 033 PAN/GIR NO.:AAACF6381J (APPELLANTS) (RESPONDENTS) ASSESSEE BY : NONE DEPARTMENT BY: SMT. NIDHI SRIVASTAVA, SR. DR ORDER PER U B S BEDI, JUDICIAL MEMBER: THIS APPEAL BY THE ASSESSEE EMANATES FROM THE ORDE R PASSED B LD. CIT(A) XIII, NEW DELHI DATED 15.01.2013 RELEVANT TO ASSESSMENT YEAR 2004- 05. 2. DESPITE SENDING NOTICE OF HEARING SUFFICIENTLY I N ADVANCE, THE ASSESSEE DID NOT APPEAR ON THE APPOINTED DATE OF HEARING NOR ANY REQUEST FOR ADJOURNMENT HAS BEEN RECEIVED. THUS, IT IS INFERRE D THAT THE ASSESSEE IS NOT INTERESTED IN PROSECUTION OF THIS APPEAL. 3. HAVING REGARD TO RULE 19(2) OF ITAT RULES AND FO LLOWING VARIOUS DECISIONS OF DELHI BENCH OF THE TRIBUNAL INCLUDING THAT OF MULTIPLAN INDIA I.T.A. NO. 1588/DEL/2013 2 LTD.; 38 ITD 320 (DELHI) AND HONBLE MADHYA PRADESH HIGH COURTS DECISION IN ESTATE OF LATE TUKOJIRAO HOLKAR VS CWT; 223 ITR 480 (MP), WE TREAT THIS APPEAL AS UNADMITTED AND DISMISS THE SAME. 4. AS A RESULT, THE APPEAL OF THE ASSESSEE IS DISMI SSED. 5. ORDER PRONOUNCED IN THE OPEN COURT SOON AFTER CONCL USION OF HEARING ON 25 TH FEB., 2014. SD./- SD./- (SHAMIM YAHYA) (U.B.S.BEDI) ACCOUNTANT MEMBER JUDICIAL MEMBER DATE: 25 TH FEB., 2014. SP. COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A)-XXV, NEW DELHI AR, ITAT, 5. CIT(ITAT), NEW DELHI NEW DELHI