Renco Finance Ltd., Ahmedabad V. The ACIT.,(OSD)Range-5, Ahmedabad

ITSSA 781/AHD/2010

• Counselvise Citation: [2013] 121 COUNSELVISE.COM (IT) 9534 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 year(s) 11 month(s) 22 day(s)
• Appeal Type: Income Tax (Search & Seizure) Appeal
• Pronouncement Date: 25-10-2013
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 25-10-2013
• Assessment Year: misc
• Appeal Filed On: 03-11-2010
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: O P BHATEJA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD A BENCH AHMEDABAD BEFORE SHRI MUKUL KR. SHRAWAT , JUDICIAL MEMBER AND SHRI T.R. MEENA, ACCOUNTANT MEMBER IT(SS)A NO. 781/AHD/2010 BLOCK PERIOD : 01.04.85 TO 31.03.86 TO 01.04.94 TO 31.03.95 & 01.04.95 TO 23.11.95. RENCO FINANCE LTD. C/O. DR. RAMESH L. GANDHI. A/15, SILVER ARC, B/H TOWN HALL, ELLIS BRIDGE, AHMADABAD-380006 V/S . ASST. COMMISSIONER OF INCOME-TAX (OSD), RANGE-5, AHMADABAD. PAN NO. AABCR0272 M (APPELLANT) .. (RESPONDENT) BY APPELLANT NONE /BY RESPONDENT SHRI O.P. BHATEJA, SR. D.R. /DATE OF HEARING 25.10.2013 /DATE OF PRONOUNCEMENT 25.10.2013 O R D E R PER : SHRI T.R.MEENA, ACCOUNTANT MEMBER THIS APPEAL IS FILED BY THE ASSESSEE AGAINST THE OR DER PASSED U/S. 158 BC R.W.S. 144 AND 254 OF THE IT ACT BY THE ASST. COMMI SSIONER OF INCOME-TAX (OSD), RANGE-5, AHMADABAD. 2. AT THE OUT SET, IT IS SEEN FROM THE RECORDS THAT NOTICE HAS BEEN ISSUED TO THE ASSESSEE ON 19.09.2013 HOWEVER, ON THE DATE OF HEARING I.E. 25.10.2013 IT(SS)A NO. 781/AHD/2010, BLOCK PERIOD : 01.04.85 T O 31.03.86 TO 01.04.94 TO 31.03.95 & 01.04.95 TO 23.11.95 . PAGE 2 NONE APPEARED ON BEHALF OF THE ASSESSEE NOR FILED A NY ADJOURNMENT PETITION. THIS SHOWS THAT THE ASSESSEE IS NOT INTERESTED IN P ROSECUTING THIS APPEAL. 3. IN VIEW OF THESE FACTS, IT IS CLEAR THAT THE ASS ESSEE IS NOT INTERESTED IN PROSECUTION OF THIS APPEAL AND ACCORDINGLY, FOLLOWI NG THE DECISION OF THE MULTIPLAN (INDIA) (P) LTD., (38 ITD 320), WE DISMISS THIS APPEAL FILED BY THE ASSESSEE FOR WANT OF PROSECUTION. 4. IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED FOR NON- PROSECUTION. THIS ORDER PRONOUNCED IN OPEN COURT ON 25.10.2013 SD/- SD/- ( MUKUL KR. SHRAWAT) (T.R. MEENA) JUDICIAL MEMBER ACCOUNTANT MEMBER TRUE COPY S.K.SINHA ! ! ! ! '! '! '! '! / COPY OF ORDER FORWARDED TO:- 1. / APPELLANT 2. / RESPONDENT 3. '(' ) * / CONCERNED CIT 4. *- / CIT (A) 5. !./ ), ) , 12( / DR, ITAT, AHMEDABAD 6. /45 67 / GUARD FILE. BY ORDER/ , 8/ 1 ': ) , 12( ;