Canoro Resources Ltd., New Delhi V. ADIT, New Delhi

ITA 174/DEL/2011

• Counselvise Citation: 17420114 RSA 2011
• Duration Of Justice: 3 year(s) 6 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-08-2014
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 05-08-2014
• Assessment Year: 2007-2008
• Appeal Filed On: 12-01-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: PARWINDER KAUR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI BENCH BENCH BENCH BENCH B BB B : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI BEFORE SHRI G.D. AGRAWAL, VICE BEFORE SHRI G.D. AGRAWAL, VICE BEFORE SHRI G.D. AGRAWAL, VICE BEFORE SHRI G.D. AGRAWAL, VICE PRESIDENT AND PRESIDENT AND PRESIDENT AND PRESIDENT AND SHRI SHRI SHRI SHRI CHANDRA MOHAN GARG CHANDRA MOHAN GARG CHANDRA MOHAN GARG CHANDRA MOHAN GARG, JUDICIAL , JUDICIAL , JUDICIAL , JUDICIAL MEMBER MEMBER MEMBER MEMBER ITA NO ITA NO ITA NO ITA NO. .. .174/DEL/2011 174/DEL/2011 174/DEL/2011 174/DEL/2011 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR : : : : 2007 2007 2007 2007- -- -08 0808 08 M/S CANORO RESOURCES M/S CANORO RESOURCES M/S CANORO RESOURCES M/S CANORO RESOURCES LIMITED, LIMITED, LIMITED, LIMITED, 11A, 3 11A, 3 11A, 3 11A, 3 RD RDRD RD FLOOR, FLOOR, FLOOR, FLOOR, SUCHET SUCHET SUCHET SUCHETA BHAWAN, A BHAWAN, A BHAWAN, A BHAWAN, VISHNU DIGAMBAR MARG, ITO, VISHNU DIGAMBAR MARG, ITO, VISHNU DIGAMBAR MARG, ITO, VISHNU DIGAMBAR MARG, ITO, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 002. 110 002. 110 002. 110 002. PAN : AACCC3537H. PAN : AACCC3537H. PAN : AACCC3537H. PAN : AACCC3537H. VS. VS. VS. VS. ASSISTANT DIRECTOR OF INCOME TAX, ASSISTANT DIRECTOR OF INCOME TAX, ASSISTANT DIRECTOR OF INCOME TAX, ASSISTANT DIRECTOR OF INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -1(1), 1(1), 1(1), 1(1), INTERNATIONAL TAXATION, INTERNATIONAL TAXATION, INTERNATIONAL TAXATION, INTERNATIONAL TAXATION, NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY : NONE. RESPONDENT BY : SMT. PARWINDER KAUR, SR.DR. ORDER ORDER ORDER ORDER PER G.D. AGRAWAL, VP PER G.D. AGRAWAL, VP PER G.D. AGRAWAL, VP PER G.D. AGRAWAL, VP : : : : THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST TH E DIRECTIONS OF LEARNED ADIT DATED 28 TH JUNE, 2010 FOR THE AY 2007-08. 2. AT THE TIME OF HEARING BEFORE US TODAY I.E. 5 TH AUGUST, 2014, NEITHER ANYBODY APPEARED ON BEHALF OF THE ASSESSEE NOR THERE WAS ANY REQUEST FOR ADJOURNMENT. THE NOTICE OF HEARING SEN T TO THE ASSESSEE BY SPEED POST HAS COME BACK FROM THE POSTAL AUTHORI TIES UNSERVED WITH THE REMARK LEFT. THE ASSESSEE HAS NOT INTIMATED THE CHANGE IN ADDRESS, IF ANY. EARLIER ALSO ON 3 RD OCTOBER, 2013 WHEN THE MATTER WAS LISTED FOR HEARING, NONE APPEARED ON BEHALF OF THE ASSESSEE. 3. IN VIEW OF THE ABOVE, WE ARE OF THE OPINION THAT THE ASSESSEE IS NOT INTERESTED IN PROSECUTING THIS APPEAL. WHILE T AKING THIS VIEW, WE DERIVE SUPPORT FROM THE DECISION OF DELHI BENCH OF ITAT IN THE CASE OF ITA-174/DEL/2011 2 CIT VS. MULTIPLAN INDIA (P.) LTD. [1991] 38 ITD 3 20 (DELHI). ACCORDINGLY, WE DISMISS THE ASSESSEES APPEAL IN LIMINE . 4. IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED IN LIMINE . DECISION PRONOUNCED IN THE OPEN COURT ON CONCLUSION OF HEARING ON 5 TH AUGUST, 2014. SD/- SD/- ( (( (CHANDRA MOHAN GARG CHANDRA MOHAN GARG CHANDRA MOHAN GARG CHANDRA MOHAN GARG) )) ) (G.D. AGRAWAL (G.D. AGRAWAL (G.D. AGRAWAL (G.D. AGRAWAL) )) ) JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT DATED : 05.08.2014 VK. COPY FORWARDED TO: - 1. APPELLANT : M/S CANORO RESOURCES LIMITED, M/S CANORO RESOURCES LIMITED, M/S CANORO RESOURCES LIMITED, M/S CANORO RESOURCES LIMITED, 11A, 3 11A, 3 11A, 3 11A, 3 RD RDRD RD FLOOR, SUCHETA BHAWAN, FLOOR, SUCHETA BHAWAN, FLOOR, SUCHETA BHAWAN, FLOOR, SUCHETA BHAWAN, VISHNU DIGAMBAR MARG, ITO, VISHNU DIGAMBAR MARG, ITO, VISHNU DIGAMBAR MARG, ITO, VISHNU DIGAMBAR MARG, ITO, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 002. 110 002. 110 002. 110 002. 2. RESPONDENT : ASSISTANT DIRECTOR OF INCOME TAX, ASSISTANT DIRECTOR OF INCOME TAX, ASSISTANT DIRECTOR OF INCOME TAX, ASSISTANT DIRECTOR OF INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -1(1), INTERNATIONAL TAXATION, 1(1), INTERNATIONAL TAXATION, 1(1), INTERNATIONAL TAXATION, 1(1), INTERNATIONAL TAXATION, NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR