M/s. Buniyad Chemicals Ltd., Ahmedabad V. The Dy.CIT.,C.C.2(3), Ahmedabad

ITA 202/AHD/2011

• Counselvise Citation: 20220514 RSA 2011
• Duration Of Justice: 7 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-09-2011
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 02-09-2011
• Assessment Year: 2006-2007
• Appeal Filed On: 25-01-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: S K GUPTA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL: AHMEDABAD C BENCH (BEFORE S/SHRI BHAVNESH SAINI JM & A.N.PAHUJA, AM ) ITA NO. 202/AHD/2011 ASSTT. YEAR:- 2006-07 M/S BUNIYAD CHEMICALS LTD. BLOCK H ,SADASHIV CHS LTD.,6 TH ROAD, SANTACRUZ EAST, MUMBAI 400055 [PAN:AABCB6954G] VS DCIT CENTRAL CIRCLE-2(3), 3 RD FLOOR,ANNEXE TO AAYAKAR BHAVAN, ASHRAM ROAD, AHMEDABAD (APPELLANT) (RESPONDENT) ASSESSEE BY : NONE REVENUE BY : SHRI S.K.GUPTA, DR DATE OF HEARING:- 02-09-2011 DATE OF PRONOUNCEMENT:- 02-09-2011 O R D E R A.N. PAHUJA: THIS IS AN APPEAL FILED ON 25.1.2011 BY THE ASS ESSEE AGAINST AN ORDER DATED 6.12.2010 OF THE LD. CIT(A)- III, AHMEDABAD, UPHOLDING LEVY OF PENALTY OF RS.1 LAC U/S 271B OF THE INCOME- TAX ACT,1961[HEREINAFTER REFERRED TO AS THE ACT]. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE WHEN TH E APPEAL WAS CALLED FOR HEARING NOR ANY REQUEST FOR ADJOURNMENT WAS FILED. IT, THEREFORE, APPEARS THAT THE ASSESSEE IS NOT INTERESTED IN PURSUING THE APPEAL. IN THESE CIRCUMSTANCES, FOLLOWING THE DECISION OF THE DELHI BENCH OF THE TR IBUNAL IN THE CASE OF MULTIPLAN (INDIA) PVT. LTD. VS CIT [38 ITD 320] (DEL) AND THE DECISION OF THE HON'BLE MADHYA PRADESH HIGH COURT IN THE CASE OF ESTATE OF LATE TUKOJIRAO HOLKAR VS CWT [(1996) 223 ITR 480 (MP)], THE APPEAL FILED BY THE ASSESSEE IS DISMISSED IN LIMINE. 3. IN THE RESULT, APPEAL IS DISMISSED . ORDER PRONOUNCED IN THE COURT ON 2.9.2011 SD/- SD/- (BHAVNESH SAINI) JUDICIAL MEMBER (A.N. PAHUJA) ACCOUNTANT MEMBER AHMEDABAD DATED 2. 9.2011 . ITA NO.202/AHD/2011 2 COPY OF THE ORDER FORWARDED TO : THE ASSESSEE/ DCIT CENTRAL CIRCLE-2(3),3RD FLOOR,ANNEXE TO AAYAKA R BHAVAN, ASHRAM ROAD, AHMEDABAD / THE CIT CONCERNED/ THE CIT(A)-III, AHMEDABAD/DR/ GUARD FILE BY ORDER DEPUTY REGISTRAR OF ITAT, AHMEDABAD BENCH