M/s. Aakar Scientific, Baroda V. The Income tax Officer,Ward-2(1), Baroda

ITA 2273/AHD/2010

• Counselvise Citation: [2013] 120 COUNSELVISE.COM (IT) 0569 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 year(s) 7 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-02-2013
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 21-02-2013
• Assessment Year: 2005-2006
• Appeal Filed On: 07-07-2010
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: RAHUL KUMAR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AT AHMEDABAD A BENCH BEFORE: SHRI D.K. TYAGI JUDICIAL MEMBER AND SHRI T.R. MEENA, ACCOUNTANT MEMBER M/S AAKAR SCIENTIFIC BARODA (APPELLANT) PAN NO. AAKFA4689H VS. ITO WARD 2(1), BARDOA (RESPONDENT) REVENUE BY : SRI RAHUL KUMAR, SR. D.R. ASSESSEE BY : NONE DATE OF HEARING : 21-01-2013 DATE OF PRONOUNCEMENT : 21-02-2013 / ORDER PER : D.K TYAGI, JUDICIAL MEMBER:- THIS IS THE APPEAL FILED BY THE ASSESSEE AGAINST TH E ORDER OF LD. CIT(A)-II BARODA DATED 01-04-2010. 2. THE ASSESSEE HAS TAKEN FOLLOWING GROUND OF APPEA L:- ITA NO. 2273/AHD/2010 A.Y.:-2005-06 ITANO. 2273/AHD/2010 A.Y. 2005-06 PAGE NO M/S AAKAR SCIENTIFIC VS. ITO 2 1. THE ORDER OF THE LEARNED CIT(A)-II, CONFIRMING THE ORDER IMPOSING PENALTY U/S 271(1)(C) ON RS. 18,37,761 BY THE INCOME TAX OFFICER MADE ON ACCOUNT OF CONCEALMENT/FURNISHING I NACCURATE INCOME OF THE APPELLANT IS CONTRARY TO LAW AND THE FACTS OF THE CASE. 3. AT THE TIME OF HEARING, NONE APPEARING ON BEHALF OF ASSESSEE, DESPITE THE FACT THAT NOTICE FOR TODAYS HEARING WAS SERVED UPON THE ASSESSEE. THIS APPEAL WAS FIXED FOR THE FIRST TIME ON 19-12-2012 A ND HAS BEEN ADJOURNED DUE TO NON-APPEARANCE OF THE ASSESSEE. TODAY ALSO, NOBODY APPEARED TO SEEK ADJOURNMENT NOR ANY APPLICATION FOR ADJOURNMENT IS ON RECORD. IT APPEARS THAT ASSESSEE IS NOT INTERESTED IN PROSECUTING THIS APPEAL, THEREFORE, THE SAME IS DISMISSED FOR NON-PROSECUTION. 4. IN THE RESULT, THIS APPEAL OF THE ASSESSEE IS DI SMISSED. ORDER PRONOUNCED IN OPEN COURT ON THE DATE MENTIONE D HEREINABOVE AT CAPTION PAGE SD/- SD/- (T.R. MEENA) (D.K. TYAGI) ACCOUNTANT MEMBER JUDICIAL MEMBER AHMEDABAD : DATED 21/02/2013 A.K. / COPY OF ORDER FORWARDED TO:- 1. / APPELLANT 2. / RESPONDENT 3. / CONCERNED CIT 4. - / CIT (A) 5. , ! , '# / DR, ITAT, AHMEDABAD 6. $% &' / GUARD FILE. BY ORDER/ , ( / ' ) ! , '#