Fincap Portfolio Ltd., New Delhi V. ITO, New Delhi

ITA 2825/DEL/2012

• Counselvise Citation: [2012] 140 COUNSELVISE.COM (IT) 66019 (ITAT-DELHI)
• Duration Of Justice: 6 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-12-2012
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 13-08-2013
• Assessment Year: 2007-2008
• Appeal Filed On: 08-06-2012
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SHUNANA SEN

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH B NEW DELHI) BEFORE SHRI U.B.S. BEDI, JUDICIAL MEMBER AND SHRI T.S. KAPOOR, ACCOUNTANT MEMBER I.T.A. NO.2825/DEL/2012 ASSESSMENT YEAR : 2007-08 FINCAP PORTFOLIO LTD., ITO, 222-223, D-1, WARD-11(2), ASHIRWAD COMPLEX, NEW DELHI. GREEN PARK, NEW DELHI. V. (APPELLANT) (RESPONDENT) PAN /GIR/NO. PAN /GIR/NO. PAN /GIR/NO. PAN /GIR/NO.AAACF AAACF AAACF AAACF- -- -1889 1889 1889 1889- -- -P PP P APPELLANT BY : NONE. RESPONDENT BY : MS. SHUNANA SEN, SR. DR. ORDER PER TS KAPOOR, AM: THIS IS AN APPEAL FILED BY THE APPELLANT AGAINST THE O RDER OF LD CIT(A) DATED 10.4.2012. 2. THE CASE WAS FIXED FOR HEARING ON 11.12.2012. NEIT HER ANYBODY ATTENDED NOR WAS THERE ANY ADJOURNMENT APPLICATION O N BEHALF OF THE ASSESSEE. IT APPEARS THAT THE ASSESSEE IS NOT INTERESTED IN P ROSECUTING THE APPEAL. IN VIEW OF ABOVE, RELYING ON THE DECISIO N OF THE I.T.A.T. IN THE CASE OF CIT V. MULTIPLAN INDIA PVT. LTD. REPORTE D IN 38 ITD 320, WE DISMISS THE APPEAL OF THE ASSESSEE. 3. IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISM ISSED IN LIMINE. ITA NO2825/DEL/2012 2 4. ORDER PRONOUNCED IN THE OPEN COURT ON THE DATE O F HEARING I.E. 11TH DAY OF DECEMBER, 2012. SD/- SD/- (U.B.S. BEDI) (T.S. KAPOOR) JUDICIAL MEMBER ACCOUNTANT MEMBER DT. 11.12.2012. HMS COPY FORWARDED TO:- 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT 4. THE CIT (A)-, NEW DELHI. 5. THE DR, ITAT, LOKNAYAK BHAWAN, KHAN MARKET, NEW DEL HI. TRUE COPY. BY ORDER (ITAT, NEW DELHI). DATE OF HEARING 11.12.2012 DATE OF DICTATION 11.12.2012 DATE OF TYPING 11.12.2012 DATE OF ORDER SIGNED BY 11.12.2012 BOTH THE MEMBERS & PRONOUNCEMENT. DATE OF ORDER UPLOADED ON NET 17.12.2012 & SENT TO THE BENCH CONCERNED.