Hyundai Financial Services Ltd., Mumbai V. DCIT, CC-X, Kolkata, Kolkata

ITA 874/KOL/2011

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 99924 (ITAT-KOLKATA)
• Duration Of Justice: 4 year(s) 4 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 15-10-2015
• Appeal Filed By: Assessee
• Bench Allotted: A
• Assessment Year: 1993-1994
• Appeal Filed On: 09-06-2011
• Court: TRIBUNAL
• Department Lawyers: DEBASISH ROY

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, BENCH B , KOLKATA [BEFORE HONBLE SRI N.V.VASUDEVAN, JM & HONBLE SRI M.BALAGANESH, AM] ITA NO.873/KOL/2011 ASSESSMENT YEAR : 1993-94 SIDH RESOURCES PVT. LTD. -VS- D.C.I.T., CENTRAL CIRCLE-X, KOLKATA KOLKATA (PAN AAICS5509D) ( APPELLANT ) (RESPONDENT) ITA NO.874/KOL/2011 ASSESSMENT YEAR : 1993-94 HYUNDAI FINANCIAL SERVICES LTD. -VS- D.C.I.T., CE NTRAL CIRCLE-X, KOLKATA KOLKATA (PAN:AAACH8311E) (APPELLANT) (RESPONDENT) ITA NO.875/KOL/2011 ASSESSMENT YEAR : 1993-94 INDRAMANI INDIA LTD. -VS- D.C.I.T., CENTRAL CIRC LE-X, KOLKATA KOLKATA (PAN:AAICS5509D) (APPELLANT) (RESPONDENT) ITA NO.876/KOL/2011 ASSESSMENT YEAR : 1993-94 JAISHREE TIRUPATI CO.PVT.LTD. -VS- D.C.I.T., CENT RAL CIRCLE-X, KOLKATA KOLKATA (PAN:AAACJ8389A) (APPELLANT) (RESPONDENT) ITA NO.877/KOL/2011 ASSESSMENT YEAR : 1993-94 EVERLAST HOLDING LTD. -VS- D.C.I.T., CENTRAL CIR CLE-X, KOLKATA KOLKATA (PAN:AABCE4654N) (APPELLANT) (RESPONDENT) ITA NO.878/KOL/2011 ASSESSMENT YEAR : 1993-94 BRAHASPATI PROPERTIES PVT.LTD. -VS- D.C.I.T., CEN TRAL CIRCLE-X, KOLKATA KOLKATA (PAN:AABCB4057A) (APPELLANT) (RESPONDENT) ITA NO.879/KOL/2011 ASSESSMENT YEAR : 1993-94 VIBGYOR RESOURCES PVT. LTD. -VS- D.C.I.T., CENTRA L CIRCLE-X, KOLKATA KOLKATA (PAN:AABCV9477G) (APPELLANT) (RESPONDENT) ITA NO.886/KOL/2011 ASSESSMENT YEAR : 1993-94 BAHUBALI COMMERCIAL CO.LTD. -VS- D.C.I.T., CENTRA L CIRCLE-X, KOLKATA KOLKATA ITA NO.873 TO 879 & 886 TO 888/KOL/2011 SIDH RESOURCES PVT.LTD. AND OTHERS. A.YR.1993-94 2 (PAN:AAECA5539M) (APPELLANT) (RESPONDENT) ITA NO.887/KOL/2011 ASSESSMENT YEAR :1993-94 OSWAL COMMERCIAL CO.LTD. -VS- D.C.I.T., CENTRAL CIRCLE-X, KOLKATA KOLKATA (PAN:AAHCS8167L) (APPELLANT) (RESPONDENT) ITA NO.888/KOL/2011 ASSESSMENT YEAR : 1993-94 MORITA AGRO FINANCE LTD. -VS- D.C.I.T., CENTRAL CIRCLE-X, KOLKATA KOLKATA (PAN:AACCM2170Q) (APPELLANT) (RESPONDENT) FOR THE APPELLANT: NONE FOR THE RESPONDENT : SHRI DEBASISH ROY, JCIT, SR.DR DATE OF HEARING : 15.10.2015 DATE OF PRONOUNCEMENT : 15.10.2015 ORDER PER BENCH THESE APPEALS BY VARIOUS ASSESSES FILED AGAINST DIF FERENT ORDERS OF CIT(A)S OF THESE APPEALS PERTAIN TO A.Y.1993-94. ALL THESE APP EALS ARISE OUT OF IDENTICAL FACTS AND CIRCUMSTANCES NAMELY ARISING OUT OF SEARCH IN THE C ASE OF C.R.BHANSALI GROUP. 2. THESE APPEALS WERE LISTED FOR HEARING FROM TIME TO TIME. THE FIRST HEARING OF THIS APPEAL WAS ON 01.09.2011 ON WHICH DATE SHRI P. KOCHAR AND SHRI B.C.SURANA, ADVOCATSE FILED A REQUEST FOR ADJOURNMENT AND THE C ASE WAS ADJOURNED TO 18.01.2012. THEREAFTER ON THE COUNSELS REQUEST THE HEARING WAS ADJOURNED TO 10.05.2012 AND 01.10.2012 AND 25.02.2013. ON 25.02.2013 NONE APPEA RED ON BEHALF OF THE ASSESSEE AND THE APPEAL WAS ADJOURNED TO 01.08.2013. ON THAT DATE THE COUNSEL FOR THE ASSESSEE SOUGHT ADJOURNMENT AND THE BENCH IMPOSED A COST OF RS.2500/- IN EACH OF THE APPEALS AND ADJOURNED THE HEARING TO 01.08.2013. AGAIN NONE APPEARED AND THE CASE WAS ADJOURNED TO 15.01.2014 AND THEREAFTER TO 15.05.201 4. THE BENCH DID NOT FUNCTION ON 15.05.2014 AND THE CASE WAS ADJOURNED TO 08.10.2014 . THE BENCH DID NOT FUNCTION ON 08.10.2014 AND THE CASE WAS ADJOURNED TO 15.01.2015 ON WHICH DATE NONE APPEARED ON BEHALF OF THE ASSESSEE. THE CASE WAS ADJOURNED O N 20.04.2015 AND 21.07.2015. ON ITA NO.873 TO 879 & 886 TO 888/KOL/2011 SIDH RESOURCES PVT.LTD. AND OTHERS. A.YR.1993-94 3 THESE DATES THE BENCH DID NOT FUNCTION AND THE CASE WAS ULTIMATELY FIXED FOR HEARING ON 15.10.2015. EVEN TODAY WHEN THE CASE WAS CALLED FOR HEARING NONE APPEARED ON BEHALF OF THE ASSESSEE. NEITHER AN ADJOURNMENT PETI TION WAS FILED IN RESPECT OF THE ABOVE ASSESSES. IT MEANS THAT ASSESSEES ARE NOT IN TERESTED TO PROSECUTE THE APPEALS. HENCE THE APPEALS FILED BY THE ASSESSEES ARE LIABLE TO BE DISMISSED FOR NON PROSECUTION. FOR THIS VIEW WE FIND SUPPORT FROM THE FOLLOWING DECISIONS :- 1. IN THE CASE OF CIT VS B.N.BHATTACHRGEE AND ANOT HER, REPORTED IN 118 ITR 461 [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. 2. IN THE CASE OF ESTATE OF LATE TUKOJIRAO HOLKAR V S CWT; 223 ITR 480 (MP) WHILE DISMISSING THE REFERENCE MADE AT THE INSTANCE OF TH E ASSESSEE IN DEFAULT MADE FOLLOWING OBSERVATION IN THEIR ORDER : IF THE PARTY, AT WHOSE INSTANCE THE REFERENCE IS M ADE, FAILS TO APPEAR AT THE HEARING, OR FAILS IN TAKING STEPS FOR PREPARATION OF THE PAPER BOOKS SO AS TO ENABLE HEARING OF THE REFERENCE, THE COURT IS NOT BOUND TO ANSWER THE REF ERENCE. 3. IN THE CASE OF COMMISSIONER OF INCOME-TAX VS MUL TIPLAN INDIA (P) LTD.: 38 ITD 320(DEL), THE APPEAL FILED BY THE REVENUE BEFORE TH E TRIBUNAL, WHICH WAS FIXED FOR HEARING. BUT ON THE DATE OF HEARING NOBODY REPRESEN TED THE REVENUE/APPELLANT NOR ANY COMMUNICATION FOR ADJOURNMENT WAS RECEIVED. THERE W AS NO COMMUNICATION OR INFORMATION AS TO WHY THE REVENUE CHOSE TO REMAIN A BSENT ON THAT DATE. THE TRIBUNAL ON THE BASIS OF INHERENT POWERS, TREATED THE APPEAL FI LED BY THE REVENUE AS UN ADMITTED IN VIEW OF THE PROVISIONS OF RULE 19 OF THE APPELLATE TRIBUNAL RULES, 1963. 3 . THE ASSESSEES, IF SO DESIRED, SHALL BE FREE T O MOVE THIS TRIBUNAL PRAYING FOR RECALLING THIS ORDER AND EXPLAINING REASONS FOR NON -COMPLIANCE ETC. THEN THIS ORDER MAY BE RECALLED. 4. IN THE RESULT, THE APPEALS OF THE ASSESSES ARE D ISMISSED FOR NON-PROSECUTION. ORDER PRONOUNCED IN THE OPEN COURT ON 15.10.2015. SD/- SD/- [M.BALAGANESH] [N.V.VASUDEVAN] ACCOUNTANT MEMBER JUDICIAL MEMBER DATE: 15.10.2015. R.G.(.P.S.) ITA NO.873 TO 879 & 886 TO 888/KOL/2011 SIDH RESOURCES PVT.LTD. AND OTHERS. A.YR.1993-94 4 COPY OF THE ORDER FORWARDED TO: 1.SIDH RESOURCES PVT. LTD., C/O C.R.BHANSALI, 34B, ARTI BUILDING, 85, TARDEO ROAD, MUMBAI-34. 2.HYUNDAI FINANCIAL SERVICES LTD., C/O C.R.BHANSALI , 34B, ARTI BUILDING, 85, TARDEO ROAD, MUMBAI-34. 3.INDRAMANI INDIA LTD., C/O C.R.BHANSALI, 34B, ARTI BUILDING, 85, TARDEO ROAD, MUMBAI-34. 4.JAISHREE TIRUPATI CO.PVT.LTD. C/O C.R.BHANSALI, 3 4B, ARTI BUILDING, 85, TARDEO ROAD, MUMBAI-34. 5.EVERLAST HOLDING LTD., C/O C.R.BHANSALI, 34B, ART I BUILDING, 85, TARDEO ROAD, MUMBAI-34. 6. BRAHASPATI PROPERTIES PVT. LTD., C/O C.R.BHANSAL I, 34B, ARTI BUILDING, 85, TARDEO ROAD, MUMBAI-34. 7.VIBGYOR RESOURCES PVT. LTD., C/O C.R.BHANSALI, 34 B, ARTI BUILDING, 85, TARDEO ROAD, MUMBAI-34. 8. BAHUBALI COMMERCIAL CO.LTD., C/O C.R.BHANSALI, 3 4B, ARTI BUILDING, 85, TARDEO ROAD, MUMBAI-34. 9. OSWAL COMMERCIAL CO.LTD., C/O C.R.BHANSALI, 34B, ARTI BUILDING, 85, TARDEO ROAD, MUMBAI-34. 10.MORITA AGRO FINANCE LTD., C/O C.R.BHANSALI, 34B, ARTI BUILDING, 85, TARDEO ROAD, MUMBAI-34. 11.D.C.I.T., CENTRAL CIRCLE-X, KOLKATA. 12. CIT(A)-CENTRAL-II, KOLKATA 13. CIT IV, KOLKATA. 14.CIT(DR), KOLKATA BENCHES, KOLKATA. TRUE COPY, BY ORDER, ASST. REGISTRAR , ITAT, KOLKATA BENCHES