TECHNO SHARES & STOCKS LTD, MUMBAI V. DCIT 4(2), MUMBAI

ITA 5237/MUM/2009

• Counselvise Citation: [2012] 119 COUNSELVISE.COM (IT) 8422 (ITAT-MUMBAI)
• Duration Of Justice: 3 year(s) 1 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-11-2012
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: I
• Next Hearing Date: 05-11-2012
• Assessment Year: 2006-2007
• Appeal Filed On: 14-09-2009
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: V KRISHNAMOORTY

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBUNAL I BENCH, MUMBAI . . , , ! '#$% , & ' BEFORE S/SHRI DINESH KUMAR AGARW AL AND N.K. BILLAIYA, AM ./I.T.A. NO.5237/MUM/2009 ( ( ( ( ( / ASSESSMENT YEAR : 2006-07) M/S. TECHNO SHARES &STOCKS LTD., 1 ST FLOOR, 93, MUMBAI SAMACHAR MARG, ENGINEER PREMISES, MUMBAI-400 023 / VS. THE DCIT-4(2), AAYAKAR BHAVAN, MUMBAI-400020 ) & ./ *+ ./PAN/GIR NO. : AAACT4464G ( ), /APPELLANT ) .. ( -.), / RESPONDENT ) ), / / APPELLANT BY NONE -.), 0 / / RESPONDENT BY SHRI V. KRISHNAMOORTY 0 1& / DATE OF HEARING : 05.11.2012 23( 0 1& / DATE OF PRONOUNCEMENT :05.11.2012 4 / O R D E R PER N.K. BILLAIYA, AM: THE ASSESSEE HAS FILED THIS APPEAL FOR ASSESSMENT YEAR 2006-07 AGAINST THE ORDER OF LD. CIT(A)-IV DT. 14.7.2009. 2. THE NOTICE WAS GIVEN TO ASSESSEE FIXING THE DATE OF HEARING ON 5.11.2012 THROUGH NOTICE BOARD. BUT NO ONE APPEARE D ON BEHALF OF THE ASSESSEE. NOR THERE IS ANY APPLICATION FOR ADJOURNM ENT. IN VIEW OF ABOVE, IT APPEARS THAT ASSESSEE IS NOT INTERESTED IN PROSECUT ING THIS APPEAL. HENCE THIS APPEAL OF THE ASSESSEE IS LIABLE TO BE DISMISS ED FOR NON-PROSECUTION. IN ITA NO. 5237/MUM/2009 2 THIS REGARD, WE ARE SUPPORTED BY THE DECISION IN TH E CASE OF CIT VS B.N. BHATTACHARGEE AND ANOTHER, REPORTED IN 118 ITR 460 (RELEVANT PAGES 477 & 478) WHEREIN THEIR LORDSHIPS HAVE HELD THAT: THE APPEAL DOES NOT MEAN MERELY FILING OF THE APPE AL BUT EFFECTIVELY PURSUING IT. 4. IN THIS REGARD WE ARE ALSO SUPPORTED BY THE DECIS ION IN THE CASE OF CIT VS. MULTIPLAN INDIA (P) LTD. 38 ITD 320 (DEL). 5. IN VIEW OF THE ABOVE AND ALSO CONSIDERING THE PRO VISIONS OF RULE 19 OF THE APPELLATE TRIBUNAL RULES, 1963, APPEAL OF THE A SSESSEE IS DISMISSED. 6. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSE D FOR NON-PROSECUTION. 5 16 51 0 7 &5* ORDER PRONOUNCED IN THE OPEN COURT AT THE TIME OF H EARING ON 5 TH NOVEMBER, 2012. 4 0 3( & 7 8 6 5.11.2012 3 0 9 SD/- SD/- (DINESH KUMAR AGARWAL) ( N.K . BILLAIYA) / JUDICIAL MEMBER & / ACCOUNTANT MEMBER MUMBAI; 8 DATED 05/11/2012 . . ./ RJ , SR. PS ITA NO. 5237/MUM/2009 3 4 4 4 4 0 00 0 -1' -1' -1' -1' '(1 '(1 '(1 '(1 / COPY OF THE ORDER FORWARDED TO : 1. ), / THE APPELLANT 2. -.), / THE RESPONDENT. 3. : ( ) / THE CIT(A)- 4. : / CIT 5. ';9 -1 , , / DR, ITAT, MUMBAI 6. 9 < / GUARD FILE. 4 4 4 4 / BY ORDER, .'1 -1 //TRUE COPY// = == = / > > > > * * * * (DY./ASSTT. REGISTRAR) , / ITAT, MUMBAI