Best Cast IT Ltd., CHENNAI V. ACIT, CHENNAI

ITA 3115/CHNY/2014

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 90261 (ITAT-CHENNAI)
• Duration Of Justice: 3 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-04-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2002-2003
• Appeal Filed On: 29-12-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: N MADHAVAN IRS

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL D BENCH, CHENNAI , . !' , # $% BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER & SHRI V. DURGA RAO, JUDICIAL MEMBER ./ I.T.A. NO. 3115/MDS/2014 ( / ASSESSMENT YEAR : 2002-2003) M/S. BEST CAST IT LTD, NO.16, POONAMALLEE HIGH ROAD, VELAPPANCHAVADI, CHENNAI 600 077. [PAN:AAACB 1423H] ( &' /APPELLANT) VS THE ASSISTANT COMMISSIONER OF INCOME TAX, COMPANY CIRCLE I(2), CHENNAI ( ()&' /RESPONDENT) / APPELLANT BY : NONE / RESPONDENT BY : SHRI. N. MADHAVAN, IRS, JCIT. /DATE OF HEARING : 06.04.2015. ! /DATE OF PRONOUNCEMENT : 06.04.2015. * / O R D E R PER CHANDRA POOJARI, ACCOUNTANT MEMBER THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST TH E ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS)-I, CHENNAI, DA TED 30.07.2014. 2. THIS CASE WAS FIXED FOR HEARING ON 6 TH APRIL, 2015 VIDE NOTICE DATED 29 TH DECEMBER, 2014 WHICH WAS DULY ACKNOWLEDGED BY THE I.T.A.NO.3115/MDS/2014. :- 2 -: ASSESSEE AND THE SAME WAS RECEIVED BY THIS OFFICE O N 27 TH JANUARY, 2015. INSPITE OF RECEIPT OF NOTICE BY THE ASSESSEE , THE ASSESSEE NEITHER FILED ANY ADJOURNMENT PETITION NOR ANYBODY ATTENDED ON BEHALF OF THE ASSESSEE. IN VIEW OF THIS, WE ARE OF THE OPI NION THAT THE ASSESSEE IS NOT INTERESTED IN PROSECUTING THE APPEA L. 3. THEREFORE, FOLLOWING THE DECISION OF THE DELH I BENCH OF THE TRIBUNAL IN THE CASE OF MULTIPLAN (INDIA) LIMITED (38 ITD 320), WE ARE INCLINED TO DISMISS THE APPEAL FOR WANT OF PROSECUT ION. 4. IN THE RESULT, THE APPEAL FILED BY THE ASS ESSEE IS DISMISSED. ORDER PRONOUNCED ON MONDAY, THE 6TH OF APRIL, 2015, AT CHENNAI . SD/- SD/- ( . !' ) V. DURGA RAO # / JUDICIAL MEMBER ( ) (CHANDRA POOJARI) / ACCOUNTANT MEMBER '# /CHENNAI. $% /DATED:06.04.2015. KV %& '( )( /COPY TO: 1. * APPELLANT 2. / RESPONDENT 3. + ( )/CIT(A) 4. + /CIT 5. (,- . /DR 6. -/ 0 /GF.