M/s. Suhrit Services Private Ltd., Ghaziabad V. ITO, New Delhi

ITA 4356/DEL/2010

• Counselvise Citation: 435620114 RSA 2010
• Duration Of Justice: 1 year(s) 5 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-03-2012
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Next Hearing Date: 12-03-2012
• Assessment Year: 2007-2008
• Appeal Filed On: 24-09-2010
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: NIRANJAN KOULI
• Section: 68

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL: G BENCH ,NE W DELHI (BEFORE SMT. DIVA SINGH ,JM & A.N.PAHUJA, AM ) ITA NO. 4356/DEL/2010 ASSTT. YEAR:- 2007-08 M/S SUHRIT SERVICES PRIVATE LTD. C-97,MAYAPURI INDUSTRIAL AREA, PHAS-II, NEW DELHI C/O RANJAN KUMAR,277, SECTOR-1,VAISHALI,GHAZIABAD [PAN:AAHCS2303N] VS ITO WARD-9(4), NEW DELHI. (APPELLANT) (RESPONDENT) ASSESSEE BY : NONE REVENUE BY : SH. NIRANJAN KOULI, DR DATE OF HEARING:- 12-03-2012 DATE OF PRONOUNCEMENT:- 12-03-2012 O R D E R A.N. PAHUJA: THIS APPEAL FILED ON 24.09.2010 BY THE ASSESSEE AGAINST AN ORDER DATED 25-03-2010 OF THE LD. COMMISSIONER OF INCOME-TAX(A), DELHI-XII, RAISES VARIOUS GROUNDS RELATING TO ISSUE OF NOTIC E U/S 143(2) OF THE INCOME-TAX ACT,1961[HEREINAFTER REFERRED TO AS THE ACT] BESI DES ADDITION OF ` 4,09,34,000/- ON ACCOUNT OF VALUATION OF CLOSING STOCK, DISALLOW ANCE OF ` ,21,48,03,594/- U/S 43B, ADDITION OF ` 1,50,00,000 U/S 68 OF THE ACT AND ` 82,20,514/- ON ACCOUNT OF UNEXPLAINED EXPENSES. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE WHE N THE APPEAL WAS CALLED FOR HEARING NOR ANY REQUEST FOR ADJOURNMENT WAS FILED. IN THESE CIRCUMSTANCES, IT , THEREFORE, APPEARS THAT THE ASSESSEE IS NOT INTERES TED IN PURSUING THIS APPEAL. ACCORDINGLY, FOLLOWING THE DECISION OF THE DELHI BE NCH OF THE TRIBUNAL IN THE CASE OF MULTIPLAN (INDIA) PVT. LTD. VS CIT [38 ITD 320] (DEL) AND THE DECISION OF THE HON'BLE MADHYA PRADESH HIGH COURT IN THE CASE OF ES TATE OF LATE TUKOJIRAO HOLKAR VS CWT [(1996) 223 ITR 480 (MP)], THIS APPEA L FILED BY THE ASSESSEE IS ITA NO.4356/DEL/2010 2 DISMISSED, IN LIMINE. SD/- SD/- (DIVA SINGH) JUDICIAL MEMBER (A.N. PAHUJA) ACCOUNTANT MEMBER NEW DELHI COPY OF THE ORDER FORWARDED TO : THE ASSESSEE/CIT CONCERNED/CIT(A)-XII ,NEW DELHI / ITO,WARD-9(4), NEW DELHI/DR/ GUARD FILE BY ORDER DEPUTY REGISTRAR OF ITAT, NEW DELHI BENCH