Rich Capital & Financial Services Ltd., V. Income Tax Officer, Kanpur

ITA 369/LKW/2014

• Counselvise Citation: 36923714 RSA 2014
• Duration Of Justice: 1 year(s) 1 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-06-2015
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: A
• Next Hearing Date: 22-04-2015
• Assessment Year: 2003-2004
• Appeal Filed On: 09-05-2014
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: ALOK MITRA
• Section: 2

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL LUCKNOW BENCH A , LUCKNOW BEFORE SHRI S UNIL KUMAR YADAV , JUDICIAL MEMBER AND SHRI. A. K. GARODIA , ACCOUNTANT MEMBER ITA NO S . 369 & 370 /LKW/20 1 4 ASSESSMENT YEAR: 200 3 - 04 & 2004 - 05 RICH CAPITAL & FINANCIAL SERVI CES LTD. 7/125, C - 2, SWAROOP NAGAR KANPUR V. INCOME TAX OFFICER RANGE 6(2) KANPUR PAN: AACCR4640N (APP ELL ANT) (RESPONDENT) APP ELL ANT BY: NONE RESPONDENT BY: SHRI. ALOK MITRA , D.R. DATE OF HEARING: 01 0 7 2014 DATE OF PRONOUNCEMENT: 01 0 7 2014 O R D E R PER SUNIL KUMAR YADAV: TH E S E APPEAL S ARE PREFERRED BY THE ASSESSEE AGAINST THE RESPECTIVE ORDER OF THE LD. CIT(A) ON VARIOUS GROUNDS. 2 . TH E S E APPEAL S WERE TAKEN UP FOR HEARING ON 01.07 .2014, BUT NONE APPEARED ON BEHALF OF THE ASSESSEE. NOTICE WAS ISSUED TO THE ASSESSEE ON 13 .5.2014 FIXING THE APPEAL S FOR HEARING ON 01.07 .2014. IT IS ALSO PERTINENT TO MENTION HERE THAT CAUSE LIST HAS ALSO BEEN UPLOADED ON THE WEBSITE OF THE INCOME TAX APPELLATE TRIBUNAL I.E. ITAT.NIC.IN. SINCE THE ASSESSEE DID NOT APPEAR ON THE DATE FIXED FOR HEARING, WE HAVE NO OPTION BUT TO HEAR THE APPEAL S EX - PARTE QUA THE ASSESSEE. ACCORDINGLY THE REVENUE WAS HEARD. 3 . WE HAVE CAREFULLY EXAMINED THE ORDER S OF THE LD. CIT(A) WITH REGARD TO THE GROUNDS RAISED BY THE ASSESSEE IN ITS APPEALS AND WE FIND THAT THE LD. PRINT TO PDF WITHOUT THIS MESSAGE BY PURCHASING NOVAPDF ( HTTP://WWW.NOVAPDF.COM/ ) : - 2 - : CIT(A) HAS ADJUDICATED THE IMPUGNED GROUNDS IN DETAIL IN THE LIGHT OF ASSESSEES CONTENTIONS. SINCE NO INFIRMITY IS NOTICED IN THE ORDER S OF THE LD. CIT(A), WE CONFIRM THE ORDER S OF THE LD. CIT(A). 4 . IN THE RESULT, APPE AL S OF THE ASSESSEE ARE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 1 .7 .2014 AT THE TIME OF CONCLUSION OF HEARING. SD/ - SD/ - [ A. K. GARODIA ] [ S UNIL KUMAR Y ADAV ] ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 9 TH JU LY , 2014 JJ: 0207 COPY FORWARDED T O: 1 . APPELLANT 2 . RESPONDENT 3 . CIT(A) 4 . CIT 5 . DR ASSISTANT REGISTRAR PRINT TO PDF WITHOUT THIS MESSAGE BY PURCHASING NOVAPDF ( HTTP://WWW.NOVAPDF.COM/ )