M/s. International Academy of Insurance & Financial Management Pvt. Ltd., New Delhi V. ITO, New Delhi

ITA 1867/DEL/2014

• Counselvise Citation: [2016] 131 COUNSELVISE.COM (IT) 7397 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 4 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-08-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 22-08-2016
• Assessment Year: 2008-2009
• Appeal Filed On: 31-03-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: A K SAROHA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH C , NEW DELHI BEFORE SH. N. K. SAINI, AM AND SMT. BEENA PILLAI, JM ITA NO S . 1867 & 1868 /DEL/2014 : ASSTT. YEAR S : 2008 - 09 & 2009 - 10 INTERNATIONAL ACADEMY O F INSURANCE & FINANCIAL MANAGEMENT PVT. LTD., 103, ASHOKA ESTATE, BARAKHAMBA ROAD, NEW DELHI - 110001 VS INCOME TAX OFFICER, WARD - 11(4), NEW DELHI (APPELLANT) (RESPONDENT) PAN NO. A A BCI3132R ASSESSEE BY : NONE REVENUE BY : SH. A. K. SAROHA, CIT DR DATE OF HEARING : 22.08 .201 6 DATE OF PRONOUNCEMENT : 22.08 .201 6 ORDER THESE APPEAL S BY THE ASSESSEE ARE DIRECTED AGAINST THE ORDER EACH DATED 29.01.2014 AND 07.02.2014 OF LD. CIT(A) - XVIII , NEW DELHI . 2 . DURING THE COURSE OF HEARING NOBODY WAS PRESENT ON BEHALF OF THE ASSESSEE NEITHER ANY ADJOURNMENT WAS SOUGHT. THE NOTICE OF HEARING WAS SENT TO THE ASSESSEE BY REGISTERED POST AT THE ADDRESS MENTIONED IN FORM NO. 36 AS WELL AS THE IMPUGNED ORDER , HOWEVER, THE SAME WA S RETURNED BACK BY THE POSTAL AUTHORITY WITH THE REMARKS LEFT . IT, THEREFORE, APPEARS ITA NO S. 1867 & 1868 /DEL /201 4 INTERNATIONAL ACADEMY OF INSURANCE & FINANCIAL MANAGEMENT PVT. LTD. 2 THAT THE ASSESSEE IS NOT INTERESTED TO PROSECUTE THE MATTER SINCE NO NEW ADDRESS, IF ANY, WAS INTIMATED. 3 . THE LAW AIDS THOSE WHO ARE VIGILANT, NOT THOSE WHO SLEEP UP ON THEIR RIGHTS. THIS PRINCIPLE IS EMBODIED IN WELL KNOWN DICTUM, VIGILANTIBUS ET NON DORMIENTIBUS JURA SUB VENIUNT . CONSIDERING THE FACTS AND KEEPING IN VIEW THE PROVISIONS OF RULE 19(2) OF THE INCOME - TAX APPELLATE TRIBUNAL RULES AS WERE CONSIDERED IN THE CASE OF CIT VS. MULTIPLAN INDIA LTD., (38 ITD 320)(DEL), WE TREAT THIS APPEAL AS UNADMITTED. 4 . SIMILAR VIEW HAS BEEN TAKEN BY THE HON BLE MADHYA PRADESH HIGH COURT IN THE CASE OF ESTATE OF LATE TUKOJIRAO HOLKAR VS. CWT (223 ITR 480) WHEREIN IT HAS B EEN HELD AS UNDER: IF THE PARTY, AT WHOSE INSTANCE THE REFERENCE IS MADE, FAILS TO APPEAR AT THE HEARING, OR FAILS IN TAKING STEPS FOR PREPARATION OF THE PAPER BOOKS SO AS TO ENABLE HEARING OF THE REFERENCE, THE COURT IS NOT BOUND TO ANSWER THE REFE RENCE. 5 . SIMILARLY, HON BLE PUNJAB & HARYANA HIGH COURT IN THE CASE OF NEW DIWAN OIL MILLS VS. CIT (2008) 296 ITR 495) RETURNED THE REFERENCE UNANSWERED SINCE THE ASSESSEE REMAINED ABSENT AND THERE WAS NOT ANY ASSISTANCE FROM THE ASSESSEE. ITA NO S. 1867 & 1868 /DEL /201 4 INTERNATIONAL ACADEMY OF INSURANCE & FINANCIAL MANAGEMENT PVT. LTD. 3 6 . THEIR L ORDSHIPS OF HON BLE SUPREME COURT IN THE CASE OF CIT VS. B. BHATTACHARGEE & ANOTHER (118 ITR 461 AT PAGE 477 - 478) HELD THAT THE APPEAL DOES NOT MEAN, MERE FILING OF THE MEMO OF APPEAL BUT EFFECTIVELY PURSUING THE SAME. 7 . SO , RESPECTFULLY BY FOLLOWING T HE VIEW TAKEN IN THE CASES CITED SUPRA, WE DISMISS THE APPEAL FOR NON - PROSECUTION. THE ASSESSEE IS AT LIBERTY TO REQUEST FOR SETTING ASIDE THIS ORDER BY MOVING AN APPLICATION AS PER THE PROVISO TO RULE 24 OF THE INCOME TAX (APPELLATE TRIBUNAL) RULES, 1963 AND EXPLAINING THE REASONS FOR ITS NON - APPEARANCE. 8 . IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED. (O RD ER PRO NO UNCED IN THE COURT ON 22 /0 8 /2016 ) SD/ - SD/ - (BEENA PILLAI ) (N. K. SAIN I) JUDICIAL MEMBER ACCOUNTANT MEMBER DAT ED: 22 /0 8 /2016 *SUBODH* COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR