PAN INSURANCE BROKERAGE CO. P.LTD, HARYANA V. ACIT CIR 8(2), MUMBAI

ITA 4198/MUM/2014

• Counselvise Citation: [2019] 117 COUNSELVISE.COM (IT) 4443 (ITAT-MUMBAI)
• Duration Of Justice: 4 year(s) 11 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-05-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2004-2005
• Appeal Filed On: 10-06-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ABHI RAMA KARTIKEYANLD

Judgement Text

1 IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, JM AND SHRI MANOJ KUMAR AGGARWAL, AM ./ I.T.A. NO.4198/MUM/2014 ( / ASSESSMENT YEAR: 2004-05) M/S. PAN INSURANCE BROKERAGE CO. PVT. LTD. (NOW KNOWN TEAM AS TEAM INDIA INSURANCE BROKING SERVICES PVT.LTD.) 3 RD FLOOR, A-BLOCK,PALAM TRIANGLE PALAM VIHAR, GURGAON-122 017 (HARYANA) / VS. A CIT - CIR CLE 8(2) 3 RD FLOOR, AAYKAR BHAVAN M.K. ROAD MUMBAI-400 020 ! ./ ./PAN/GIR NO. AACCP-9316-R ( /APPELLANT ) : ( / RESPONDENT ) ASSESSEE BY : NONE DEPARTMENT BY : SHRI ABHI RAMA KARTIKEYAN-LD.DR / DATE OF HEARING : 08/05/2019 / DATE OF PRONOUNCEMENT : 14/05/2019 / O R D E R PER MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER):- 1. AFORESAID APPEAL BY ASSESSEE FOR ASSESSMENT YEA R [AY] 2004-05 IS A RECALLED MATTER SINCE THE APPEAL WAS DISMISSED EX-PARTE QUA THE ASSESSEE VIDE ORDER DATED 05/05/2017. HOWEVER, SUBSEQUENTLY, THE SAID ORDER WAS RECALLED AT THE BEHEST OF THE ASSESSEE VIDE MA NO.3 02/MUM/2017 ORDER 2 DATED 13/04/2018. ACCORDINGLY, THE APPEAL HAS COME UP FOR HEARING ON VARIOUS OCCASIONS. 2. THE PERUSAL OF ORDER SHEET ENTRIES REVEALS THAT THE ASSESSEE HAS REMAINED NEGLIGENT IN ATTENDING THE HEARING ON MULT IPLE OCCASIONS WITHOUT FILING ANY ADJOURNMENT APPLICATION. SIMILAR IS THE SITUATION BEFORE US. THE CONDUCT OF THE ASSESSEE LEAD US TO CONCLUDE THAT TH E ASSESSEE IS NOT AT ALL INTERESTED IN PURSUING THE APPEAL AND MERELY WASTIN G THE PRECIOUS TIME OF THE JUDICIAL AUTHORITIES. 3. UNDER THE GIVEN CIRCUMSTANCES, CONCURRING WITH THE VIEW TAKEN BY CO- ORDINATE BENCH VIDE ORDER DATED 05/05/2017 AND APPL YING THE SAME REASONING, WE DISMISS THE APPEAL. 4. THE APPEAL STANDS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 14 TH MAY, 2019. SD/- SD/- (SAKTIJIT DEY) (MANOJ KUMAR AGGARWAL) / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI; DATED : 14/05/2019 SR.PS:-JAISY VARGHESE ! / COPY OF THE ORDER FORWARDED TO : 1. !% / THE APPELLANT 2. &'!% / THE RESPONDENT 3. ( ) / THE CIT(A) 4. / CIT CONCERNED 5. ( )& * , * , / DR, ITAT, MUMBAI 6. ) ,-. / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI