Bangalore Pharmaceutical & Research Laboratroy Pvt. Ltd., Bangalore V. DCIT, Bangalore

ITA 560/BANG/2014

• Counselvise Citation: 56021114 RSA 2014
• Duration Of Justice: 9 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-02-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 08-09-2016
• Assessment Year: 2010-2011
• Appeal Filed On: 28-04-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: DR P K SRIHARI

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCH B BEFORE SHRI RAJPAL YADAV , JUDICIAL MEMBER AND SHRI JASON P. BOAZ, ACCOUNTANT MEMBER I.T.A. NO . 560 / BANG /20 1 4 ( ASSESSMENT YEAR : 2010 - 11 ) M/S. BANGALORE PHARMACEUTICAL & RESEARCH LABORATORY PV T. LTD., NO.163, RESERVOIR STREET, BASAVANAGUDI, BANGALORE - 560 0 04 . APPELLANT . VS. DY. COMMISSIONER OF INCOME TAX, CIRCLE 11( 2 ), BANGAL ORE . .. RESPONDENT. APPELLANT BY : NONE. RESPONDENT BY : DR. P.K. SRIHARI, ADDL. CIT (D.R) DATE OF H EARING : 10.2.2015 . DATE OF P RONOUNCEMENT : 10.2 . 201 5 . O R D E R PER S HRI JASON P. BOAZ : THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX ( APP EALS ) - I, BANGALORE DT. 25.2.2014 FOR ASSESSMENT YEAR 2010 - 11 . 2. THIS APPEAL WAS FIXED FOR HEARING ON 10.2.2015 BY ISSUING NOTICE DT. 28.4.2014 , WHICH WAS DULY SERVED ON THE ASSESSEE. ON 10.2.2015 WHEN THE CASE WAS CALLED OUT, NOBODY APPEARED FOR THE H EARING ON BEHALF OF THE ASSESSEE . IN VIEW OF THE FACTS AND CIRCUMSTANCES OF THIS CASE AS LAID OUT ABOVE, WE ARE OF THE OPINION THAT THE ASSESSEE IS NOT SERIOUSLY INTERESTED IN PURSUING THE APPEAL. THE LAW AIDS THOSE WHO ARE VIGILANT, NOT THOSE WHO SLEEP UPON THEIR RIGHTS. THIS ITA NO. 560 /BANG/ 201 4 2 PRINCIPLE IS EMBODIED IN THE WELL KNOWN DICTUM, VIGILANTIBUS EXPORT TURNOVER NON DORMIENTIBUS JURA SUB VENIUNT . CONSIDERING THE FACTS AND CIRCUMSTANCES OF THE CASE AND KEEPING IN VIEW THE PROVISIONS OF RULE 19(2) OF THE INCOME TAX AP PELLATE TRIBUNAL RULES , AS WERE CONSIDERED IN THE CASE OF CIT VS. MULTIPLAN INDIA LTD. (38 ITD 320) (DEL), WE DISMISS THIS APPEAL FOR NON - PROSECUTION. 3. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN CO URT ON 10.2 . 201 5 . SD/ - SD/ - ( RAJPAL YADAV ) ( JASON P BOAZ ) JUDICIAL MEMBER ACCOUNT ANT MEMBER *REDDY GP COPY TO : 1. APPELLANT 2. RESPONDENT 3. C.I.T. 4. CIT(A) 5. DR, ITAT, BANGALORE. 6. GUARD FILE. (TRUE COPY) BY ORDER ASST. REGISTRAR, ITAT, BANGALORE