M/s Baba Nanak Financial Services (P) Ltd., New Delhi v. CIT-I, New Delhi

ITA 5320/DEL/2010 | 2005-2006
Pronouncement Date: 03-02-2011 | Result: Dismissed

Appeal Details

RSA Number 532020114 RSA 2010
Assessee PAN AAACB5459P
Bench Delhi
Appeal Number ITA 5320/DEL/2010
Duration Of Justice 2 month(s) 4 day(s)
Appellant M/s Baba Nanak Financial Services (P) Ltd., New Delhi
Respondent CIT-I, New Delhi
Appeal Type Income Tax Appeal
Pronouncement Date 03-02-2011
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted A
Tribunal Order Date 03-02-2011
Date Of Final Hearing 03-02-2011
Next Hearing Date 03-02-2011
Assessment Year 2005-2006
Appeal Filed On 29-11-2010
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A NEW DELHI BEFORE SHRI R.P. TOLANI AND SHRI A.K. GARODIA ITA NO. 5320/DEL/ 10 ASSTT. YR: 2005-06 M/S BABA NANAK FINANCIAL VS. INCOME-TAX OFFICER SERVICES (P) LTD. WARD 2(3) NEW DELHI. 69 DDA FLATS IST FLOOR NEAR SHIV MANDIR JWALA HERI PASHIM VIHAR NEW DLELHI. PAN/ GIR NO. AAACB5459P ( APPELLANT ) ( RESPONDENT ) APPELLANT BY : NONE RESPONDENT BY : MRS. ANUSHA KHURANA SR. DR O R D E R PER R.P. TOLANI J.M : THIS APPEAL PREFERRED BY THE ASSESSEE IS DIRECTE D AGAINST THE ORDER OF THE COMMISSIONER OF INCOME-TAX-I NEW DELHI DATED 1 1-3-2010 RELATING TO A.Y. 2005-06 PASSED U/S 263 OF THE I.T. ACT 1961 . 2. NONE PUT IN APPEARANCE ON BEHALF OF THE ASSESSEE AT THE HEARING FIXED FOR 03-02-2011 DESPITE PERSONAL KNOWLEDGE OF THE DA TE FOR HEARING AS IS EVIDENT FROM THE ORDER SHEET DATED 1-2-2011 WHEN T HE CASE WAS ADJOURNED TO 3-2-2011 AT THE WRITTEN REQUEST OF THE ASSESSEE. TH IS TIME ASSESSEE HAS NOT CARED EVEN TO APPLY FOR ADJOURNMENT. IT GIVES AN I MPRESSION THAT THE ASSESSEE IS NOT INTERESTED IN PURSUING ITS APPEAL. WE THEREFORE HAVE NO OPTION BUT TO DISMISS THE APPEAL PREFERRED BY THE A SSESSEE PLACING RELIANCE ON THE RATIO OF DECISIONS IN THE FOLLOWING CASES: 2 CIT VS. MULTIPLAN (INDIA) PVT. LTD. 38 ITD 320 (DEL .); AND LATE TUKOJI RAO HOLKAR 223 ITR 480 (MP). 3. ASSESSEES APPEAL STANDS DISMISSED. ORDER PRONOUNCED IN OPEN COURT ON 03-02-2011. SD/- SD/- ( A.K. GARODIA ) ( R.P. TOLANI) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 03-02-2011. MP COPY TO : 1. ASSESSEE 2. AO 3. CIT 4. CIT(A) 5. DR