M/s. GILTEDGE FINANCIAL & MANAGEMENT SERVICES, MUMBAI V. ITO 4(1)(2), MUMBAI

ITA 7044/MUM/2006

• Counselvise Citation: [2011] 134 COUNSELVISE.COM (IT) 8094 (ITAT-MUMBAI)
• Duration Of Justice: 4 year(s) 2 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-03-2011
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Next Hearing Date: 24-06-2015
• Assessment Year: 2002-2003
• Appeal Filed On: 26-12-2006
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: ASHIMA GUPTA

Judgement Text

I.T.A NO.7044/ MUM/2006 GILTEDGE FINANCIAL & MANAGEMENT SERVICES 1 IN THE INCOME TAX APPELLATE TRIBUNAL, G BENCH, MUMBAI. BEFORE SHRI R.V.EASWAR, PRESIDENT AND SHRI PRAMOD KUMAR, ACCOUNTANT MEMBER I.T.A NO.7044/ MUM/2006 ASSESSMENT YEAR: 2002-03 GILTEDGE FINANCIAL & MANAGEMENT SERVICES .. APP ELLANT 103, LIBERTY APT,80-A, SAROJINI ROAD, VILE PARLE(W) , MUMBAI PA NO.AABCG 1699K VS INCOME TAX OFFICER 4(1)(2) ,. RESPONDENT MUMBAI. APPEARANCES: NONE, FOR THE APPELLANT ASHIMA GUPTA, FOR THE RESPONDENT O R D E R PER PRAMOD KUMAR: 1. THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED A GAINST THE ORDER DATED 4 TH SEPTEMBER, 2006 OF THE CIT (A)-IV, MUMBAI FOR THE ASSESSMENT Y EAR 2002-03. 2. THE HEARING OF APPEAL IN THIS CASE IS BEING ADJO URNED FROM TIME TO TIME AT THE REQUEST OF THE ASSESSEE. FINALLY, IT WAS FIXED FOR 15.12.2010 AND THE HEARING WAS ALSO ADJOURNED AT THE REQUEST OF THE ASSESSEE TO 17.3.20 11. BOTH THE PARTIES WERE INFORMED AT THE TIME OF HEARING. HOWEVER, ON 17.3.2011, WHEN T HE MATTER WAS CALLED ON FOR HEARING, NO ONE APPEARED ON BEHALF OF THE ASSESSEE NOR WAS ANY APPLICATION FOR ADJOURNMENT FILED. IT IS THEREFORE INFERRED THAT THE ASSESSEE IS NOT INTERES TED IN PURSUING THE APPEAL WHICH IS HEREBY DISMISSED FOR NON-PROSECUTION FOLLOWING THE JUDGMEN T OF HONBLE BOMBAY HIGH COURT IN THE I.T.A NO.7044/ MUM/2006 GILTEDGE FINANCIAL & MANAGEMENT SERVICES 2 CASE OF CHEMIPOL V UOI, DATED 17 TH SEPTEMBER, 2009 (BHC) AND ALSO THE DECISION OF DE LHI BENCH OF THE TRIBUNAL IN THE CASE OF CIT VS. MULTIP LAN INDIA (P) LTD. (1991) 38 ITD 320 (DEL). 3. IN THE RESULT, APPEAL IS DISMISSED FOR WANT OF P ROSECUTION. PRONOUNCED IN THE OPEN COURT ON 17 TH MARCH, 2011 SD/- (R.V.EASWAR) PRESIDENT SD/- (PRAMOD KUMAR) (ACCOUNTANT MEMBER) MUMBAI, DATED 17 TH MARCH, 2011 PARIDA COPY TO: 1. THE APPELLANT 2. THE RESPONDENT 3. COMMISSIONER OF INCOME TAX (APPEALS),IV, MUMBAI 4. COMMISSIONER OF INCOME TAX, 4 , MUMBAI 5. DEPARTMENTAL REPRESENTATIVE, BENCH G, MUMBAI //TRUE COPY// BY ORDER ASSTT. REGISTRAR, ITAT, MUMBAI I.T.A NO.7044/ MUM/2006 GILTEDGE FINANCIAL & MANAGEMENT SERVICES 3