M/s. GILTEDGE CREDIT CAPITAL LTD., MUMBAI v. ITO 4(1), MUMBAI

ITA 7045/MUM/2006 | 2000-2001
Pronouncement Date: 17-03-2011 | Result: Dismissed

Appeal Details

RSA Number 704519914 RSA 2006
Bench Mumbai
Appeal Number ITA 7045/MUM/2006
Duration Of Justice 4 year(s) 2 month(s) 22 day(s)
Appellant M/s. GILTEDGE CREDIT CAPITAL LTD., MUMBAI
Respondent ITO 4(1), MUMBAI
Appeal Type Income Tax Appeal
Pronouncement Date 17-03-2011
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted G
Tribunal Order Date 17-03-2011
Date Of Final Hearing 24-06-2015
Next Hearing Date 24-06-2015
Assessment Year 2000-2001
Appeal Filed On 26-12-2006
Judgment Text
I.T.A NO.7045/ MUM/2006 GILTEDGE CREDIT CAPITAL LTD 1 IN THE INCOME TAX APPELLATE TRIBUNAL G BENCH MUMBAI. BEFORE SHRI R.V.EASWAR PRESIDENT AND SHRI PRAMOD KUMAR ACCOUNTANT MEMBER I.T.A NO.7045/ MUM/2006 ASSESSMENT YEAR: 2000-01 GILTEDGE CREDIT CAPITAL LTD. .. APPELLANT 103 LIBERTY APT 80-A SAROJINI ROAD VILE PARLE(W) MUMBAI-56 PA NO.AABCG 1699K VS INCOME TAX OFFICER 4(1) . RESPONDENT MUMBAI. APPEARANCES: NONE FOR THE APPELLANT ASHIMA GUPTA FOR THE RESPONDENT O R D E R PER PRAMOD KUMAR: 1. THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED A GAINST THE ORDER DATED 14 TH SEPTEMBER 2006 OF THE CIT (A)-IV MUMBAI FOR THE ASSESSMENT Y EAR 2000-01. 2. THE HEARING OF APPEAL IN THIS CASE IS BEING ADJO URNED FROM TIME TO TIME AT THE REQUEST OF THE ASSESSEE. FINALLY IT WAS FIXED FOR 15.12.2010 ALONGWITH ITA NO.7044/M/2006 AND THE HEARING WAS ALSO ADJOURNED A T THE REQUEST OF THE ASSESSEE TO 17.3.2011. BOTH THE PARTIES WERE INFORMED AT THE T IME OF HEARING. HOWEVER ON 17.3.2011 WHEN THE MATTER WAS CALLED ON FOR HEARING NO ONE A PPEARED ON BEHALF OF THE ASSESSEE NOR WAS ANY APPLICATION FOR ADJOURNMENT FILED. IT IS T HEREFORE INFERRED THAT THE ASSESSEE IS NOT INTERESTED IN PURSUING THE APPEAL WHICH IS HEREBY D ISMISSED FOR NON-PROSECUTION FOLLOWING THE JUDGMENT OF HONBLE BOMBAY HIGH COURT IN THE CA SE OF CHEMIPOL V UOI DATED 17 TH I.T.A NO.7045/ MUM/2006 GILTEDGE CREDIT CAPITAL LTD 2 SEPTEMBER 2009 (BHC) AND ALSO THE DECISION OF DEL HI BENCH OF THE TRIBUNAL IN THE CASE OF CIT VS. MULTIPLAN INDIA (P) LTD. (1991) 38 ITD 320 (DEL). 3. IN THE RESULT APPEAL IS DISMISSED FOR WANT OF P ROSECUTION. PRONOUNCED IN THE OPEN COURT ON 17 TH MARCH 2011 SD/- (R.V.EASWAR) PRESIDENT SD/- (PRAMOD KUMAR) (ACCOUNTANT MEMBER) MUMBAI DATED 17 TH MARCH 2011 PARIDA COPY TO: 1. THE APPELLANT 2. THE RESPONDENT 3. COMMISSIONER OF INCOME TAX (APPEALS) IV MUMBAI 4. COMMISSIONER OF INCOME TAX 4 MUMBAI 5. DEPARTMENTAL REPRESENTATIVE BENCH G MUMBAI //TRUE COPY// BY ORDER ASSTT. REGISTRAR ITAT MUMBAI I.T.A NO.7045/ MUM/2006 GILTEDGE CREDIT CAPITAL LTD 3