Shri Ramaniklal Gordhandas Kotecha, RAJKOT-GUJARAT V. The Deputy Commissioner of Income Tax, Circle-2, RAJKOT-GUJARAT

ITA 17/RJT/2011

• Counselvise Citation: [2012] 140 COUNSELVISE.COM (IT) 62806 (ITAT-RAJKOT)
• Duration Of Justice: 1 year(s) 4 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-05-2012
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 03-05-2012
• Assessment Year: 2003-2004
• Appeal Filed On: 24-01-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: MK SINGH

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBULAL; RAJKOT BENCH, RAJKOT. . .. . . .. . , , , , . .. . . .. . , , , , $ $ $ $ BEFORE SHRI T. K. SHARMA, JM AND SHRI D. K. SRIVAST AVA, AM ITA NO.17/RJT/2011. / ASSESSMENT YEAR 2003-04 SHRI RAMNIKLAL GORDHANDAS KOTECHA, C/O.M/S.KOTECHA TRADING CO., DANAPITH, RAJKOT. PAN: AESPK8341L. ( */ APPELLANT) VS. THE DY. COMMISSIONER OF INCOME TAZX, CIRCLE-2, RAJKOT.. +,*/ RESPONDENT -. / ASSESSEE BY NONE. . / REVENUE BY SHRI. M. K. SINGH, D.R. . / DATE OF HEARING 03-05-2012 . / DATE OF PRONOUNCEMENT 25 - 05-2012 / / / / ORDER . .. . . . . . , , , , / T. K. SHARMA, J. M. THIS APPEAL BY THE ASSESSEE IS AGAINST THE ORDER DATED 29-10-2010 OF CIT(A)-III , RAJKOT FOR THE ASSESSMENT YEAR 2003-04. THE ONLY GRIEVANCE OF THE ASSESSEE IN THIS APPEAL IS THAT THE LD. CIT(A) HAS ERRED IN UPHOLDING THE ADDITION AND DISA LLOWANCE MADE BY AO AS UNDER:- (1) DISALLOWANCE OF INTEREST RS.104202. (2) DISALLOWANCE IN RESPECT OF DEDUCTION U/S.80 HH C RS.110596. 2. THIS APPEAL WAS EARLIER FIXED FOR HEARING ON 04- 01-2012. ON THAT DAY, AT THE REQUEST OF THE ASSESSEE, THIS APPEAL WAS ADJOUR NED ON 03-05-2012. ON THE ADJOURNED DATE OF HEARING I.E. ON 03-05-2012, NEITH ER ANYBODY APPEARED FROM THE SIDE OF THE ASSESSEE NOR AN APPLICATION FOR ADJOURN MENT WAS SENT. 3. IN THESE CIRCUMSTANCES, WE HAVE NO OPTION BUT TO PRESUME THAT THE ASSESSEE IS NOT INTERESTED TO PROSECUTE HIS APPEAL. WE THEREFORE, FOLLOWING THE ITA 17/RJT/2011 2 RATIO OF DECISION IN THE CASE OF MULTIPLAN INDIA LT D. 39 ITD 320 (DEL), DISMISS THE APPEAL IN LIMINE. 4. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED. THIS ORDER IS PRONOUNCED IN THE OPEN COURT ON THE DATE MENTIONED HEREINABOVE. SD/- SD/- ( .. / D. K. SRIVASTAVA) ( .. / T. K. SHARMA) / ACCOUNTANT MEMBER /JUDICIAL MEMBER 3/ ORDER DATE 25-05-2012. /RAJKOT . .. . +4 +4 +4 [phone] / COPY OF ORDER FORWARDED TO:- 1. * / APPELLANT-SHRI RAMNIKLAL GORDHANDAS KOTECHA, RAJ KOT 2. +,* / RESPONDENT- THE DY. CIT., CIRCLE-2, RAJKOT. 3. : / CONCERNED CIT-II, RAJKOT.. 4. :- / CIT (A)-III, RAJKOT.. 5. 4 +, , / DR, ITAT, RAJKOT 6. / GUARD FILE. / BY ORDER , ASSTT. REGISTRAR , INCOME TAX APPELLATE TRIBUNAL, RAJKOT.