The Punjab State Industrial Development Corporation Limited, Chandigarh V. ACIT, Chandigarh

ITA 991/CHANDI/2014

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 90087 (ITAT-CHANDIGARH)
• Duration Of Justice: 5 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 13-04-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 21-09-2016
• Assessment Year: 2007-2008
• Appeal Filed On: 11-11-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: DR AMA RVEER SINGH

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL CHANDIGARH BENCH B CHANDIGARH BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER AND SHRI T.R.SOOD, ACCOUNTANT MEMBER ITA NOS. 991 TO 994/CHD/2014 A.YS: 2007-08 TO 2010-11 THE PUNJAB STATE INDUSTRIAL V THE ACIT, DEVELOPMENT CORPORATION LTD., CIRCLE 2(1), CHANDIGARH. CHANDIGARH. PAN: AABCP1599F (APPELLANT) (RESPONDENT) APPELLANT BY : NONE RESPONDENT BY : DR. AMARVEER SINGH DATE OF HEARING : 13.04.2015 DATE OF PRONOUNCEMENT : 13.04.2015 O R D E R PER BHAVNESH SAINI,JM ALL THE APPEALS BY SAME ASSESSEES ARE DIRECTED AGAI NST THE ORDERS OF LD. CIT(APPEALS), CHANDIGARH DATED 31.03. 2014 FOR THE ABOVE ASSESSMENT YEARS. 2. ON THE LAST DATE OF HEARING, THE APPEALS WERE AD JOURNED ON THE REQUEST OF LD. COUNSEL FOR THE ASSESSEE FOR 13. 04.2015. HOWEVER, ON THE DATE OF HEARING ON 13.04.2015, NONE APPEARED ON BEHALF OF ASSESSEE. THEREFORE, IT APPEARS THAT ASSESSEE IS NO MORE INTERESTED IN PROSECUTING THE APPEALS AND T HE INSTANT APPEALS FILED BY THE ASSESSEE ARE LIABLE TO BE DISM ISSED 3. IN OUR ABOVE VIEW, WE GET SUPPORT FROM THE DECI SION OF THE APEX COURT IN THE CASE OF CIT V. B.N. BHATTACHARGEE AND 2 ANOTHER, REPORTED IN 118 ITR 46L [RELEVANT PAGES 47 7 & 478] WHEREIN THEIR LORDSHIPS HAVE HELD THAT: THE APPEAL DOES NOT MEAN MERELY FILING OF THE APPEAL BUT EFFECTIVELY PURSUING IT. 4. OUR VIEW FURTHER FINDS SUPPORT FROM THE FOLLOWIN G DECISIONS ALSO: I) CIT V. MULTIPLAN INDIA (P) LTD: 38 ITD 320 (DE L) II) ESTATE OF LATE TUKOJIRAO HOLKAR V. CWT: 223 ITR 480(MP) 5. RESPECTFULLY FOLLOWING THE DECISIONS [SUPRA], WE DISMISS THE INSTANT APPEALS FILED BY THE ASSESSEE FOR NON-P ROSECUTION. 6. IN THE RESULT, ALL THE APPEALS OF THE ASSESSEE A RE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 13 TH APRIL,2015. SD/- SD/- (T.R.SOOD) (BHAVNESH SAINI) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 13 TH APRIL,2015. POONAM COPY TO: THE APPELLANT, THE RESPONDENT, THE CIT(A), THE CIT, DR ASSISTANT REGISTRAR, ITAT CHANDIGARH