R.Vidyasagar Rao, Warangal, Warangal V. ACIT, Circle-1, Warangal, Warangal

ITA 783/HYD/2015

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 98477 (ITAT-HYDERABAD)
• Duration Of Justice: 3 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-09-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2007-2008
• Appeal Filed On: 05-06-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: KONDA RAMESH
• Assessee Lawyers: N O N E

Judgement Text

ITA NO.783 OF 2015 R VIDYASAGAR RAO WARANGAL PAGE 1 OF 2 IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD A BENCH, HYDERABAD BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI B. RAMAKOTAIAH, ACCOUNTANT MEMBER ITA NO.783/HYD/2015 (ASSESSMENT YEAR: 2007-08) M/S. R. VIDYASAGAR RAO H.NO.1-8-202 BALASAMUDRAM, HANAMKONDA, WARANGAL PAN: AAGFR 6627 L VS. ASSTT. COMM ISSIONER OF INCOME TAX, CIRCLE 1 WARANGAL (APPELLANT) (RESPONDENT) FOR ASSESSEE : N O N E FOR REVENUE : SHRI KONDA RAMESH, DR DATE OF HEARING : 0 9 .09 .2015 DATE OF PRO NOUNCEMENT : 09 .09. 2015 O R D E R PER SMT.P. MADHAVI DEVI, J.M. THIS IS ASSESSEES APPEAL AGAINST THE ORDER OF THE LEARNED PR.CIT -3, HYDERABAD, DATED 17.03.2014, ASSUMING JU RISDICTION U/S 263(1) OF THE I.T. ACT, 1961, PERTAINING TO ASS ESSMENT ORDER FOR A.Y 2007-08. THE APPEAL WAS FIXED FOR HEARING O N 9.9.2015. HOWEVER, NONE APPEARED FOR THE ASSESSEE ON THE SAID DATE OF HEARING INSPITE OF SERVICE OF NOTICE. IN VIEW OF TH E SAME, WE PRESUME THAT ASSESSEE IS NOT INTERESTED TO PROCEED FURTHER AND RESPECTFULLY FOLLOWING THE DECISION OF THE COORDINA TE BENCH IN THE CASE OF CIT VS. MULTIPLAN INDIA (P) LTD., REPORTED IN 38 ITD 320 (DEL), AS ALSO THE DECISION OF THE HONBLE MADHYA P RADESH HIGH COURT IN THE CASE OF ESTATE OF LATE TUKOJIRAO HOLKA R VS. CWT, REPORTED IN 223 ITR 480 (MP), AND FURTHER THE DECIS ION OF THE ITA NO.783 OF 2015 R VIDYASAGAR RAO WARANGAL PAGE 2 OF 2 HONBLE BOMBAY HIGH COURT DATED 17.09.2010 IN THE C ASE OF M/S. CHEMIPOL VS. UNION OF INDIA IN CENTRAL EXCISE APPEAL NO. 62 OF 2009, WE DISMISS THIS APPEAL AS UN-ADMITTED F OR WANT OF PROSECUTION BY THE ASSESSEE. 2. IN THE RESULT, APPEAL FILED BY THE ASSESSEE IS D ISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 9 TH SEPTEMBER, 2015. S D/ - S D/ - (B. RAMAKOTAIAH) (P. MADHAVI DEVI) ACCOUNTANT MEMBER JUDICIAL MEMBER HYDERABAD, DATED 9 TH SEPTEMBER, 2015. VNODAN/SPS COPY TO: 1. M/S. R. VIDYASAGAR RAO, H.NO.1-8-202 BALASAMUDRAM, HANAMKONDA, WARANGAL 2. ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE 1 WARANGA L 3. THE PR. CIT - 3, HYDERABAD 4. ADD. CIT, WARANGAL RANGE, WARANGAL 5. THE DR, ITAT, HYDERABAD 6. GUARD FILE BY ORDER