CIFCO FINANCE LTD, MUMBAI V. ACIT (OSD-II) CR 7, MUMBAI

ITA 6075/MUM/2009

• Counselvise Citation: [2010] 135 COUNSELVISE.COM (IT) 4658 (ITAT-MUMBAI)
• Duration Of Justice: 10 month(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-09-2010
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 29-10-2015
• Assessment Year: 2006-2007
• Appeal Filed On: 18-11-2009
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: JI TENDRA YADAV

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES C, MUMBAI BEFORE SHRI R.S.SYAL, AM AND SHRI R.S.PADVEKAR, JM ITA NO.6075/MUM/2009 : ASST.YEAR 2006-2007 M/S.CIFCO FINANCE LIMITED BHUPEN CHAMBERS, GROUND FLOOR DALAL STREET, MUMBAI 400 021. PA NO.AAACC1765F. VS. THE ASSTT.COMMISSIONER OF INCOME-TAX (OSD-II) CENTRAL RANGE 7 MUMBAI. (APPELLANT) (RESPONDENT) APPELLANT BY : --- NONE --- RESPONDENT BY : SHRI JITENDRA YADAV O R D E R PER R.S.SYAL (AM) : THIS APPEAL BY THE ASSESSEE ARISES OUT OF THE ORDER PASSED BY THE COMMISSIONER OF INCOME-TAX (APPEALS) ON 18.09.2009 IN RELATION TO THE ASSESSMENT YEAR 2006-2007. 2. THIS APPEAL WAS FIXED FOR HEARING ON 20.09.2010. HOWEVER, DESPITE NOTICE, NONE APPEARED ON BEHALF OF THE ASSESSEE NOR HAS IT MOVED ANY APPLICATION FOR ADJOURNMENT. IT IS, THEREFORE, PRESUMED THAT THE AS SESSEE IS NOT INTERESTED IN PROSECUTING ITS APPEAL. ACCORDINGLY, BY APPLYING TH E RATIO LAID DOWN BY THE ITAT DELHI BENCH IN THE CASE OF CIT VS. MULTIPLAN INDIA (P.) LTD. [(1991) 38 ITD 32 0], WE DISMISS THIS APPEAL FILED BY THE APPELLANT-ASSES SEE AS NOT MAINTAINABLE. 3. IN THE RESULT, THE APPEAL IS DISMISSED. ORDER PRONOUNCED ON THIS 24 TH DAY OF SEPTEMBER, 2010. SD/- SD/- ( R.S.PADVEKAR ) ( R.S.SYAL ) JUDICIAL MEMBER ACC OUNTANT MEMBER MUMBAI : 24 TH SEPTEMBER, 2010. DEVDAS* ITA NO.6075/MUM/2009 M/S.CIFCO FINANCE LIMITED. 2 COPY TO : 1. THE APPELLANT. 2. THE RESPONDENT. 3. THE CIT CONCERNED 4. THE CIT(A) - XL, MUMBAI. 5. THE DR/ITAT, MUMBAI. 6. GUARD FILE. TRUE COPY. BY ORDER ASSISTANT REGISTRAR, ITAT, MUMBAI.