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 Attachment on Cash Credit of Assessee under GST Act: Delhi HC directs Bank to Comply Instructions to Vacate
 Income Tax Addition Made Towards Unsubstantiated Share Capital Is Eligible For Section 80-IC Deduction: Delhi High Court

Apicore Pharmaceuticals P. Ltd. Block No.252-253, Village Vs. ITO, Ward-1(1) Vadodra.
February, 18th 2014
          ,          ,  Û ``SMC'',  
        IN THE INCOME TAX APPELLATE TRIBUNAL AT AHMEDABAD,
                            "SMC" BENCH

                [^ ^ ....,  Ú¢                 ¢ 
               BEFORE SHRI G.C. GUPTA, VICE-PRESIDENT

                         ITA No.2590/Ahd/2011
                        [Asstt.Year : 2007-2008]

Apicore Pharmaceuticals P. Ltd.         /Vs.        ITO, Ward-1(1)
Block No.252-253, Village :                         Vadodra.
Dhobikuva
Padra-Jambusar Road
Tal. Padra, Dist. Vadodara 391 440.

PAN : AAFCA 8410 N

( / Appellant)                              (× / Respondent)


     [   /                         : None
     Assessee by
        /                          : Shri D.K. Mishra, Sr.DR
     Revenue by
       /                           : 17th December, 2013
     Date of Hearing
       /                           :
     Date of Pronouncement             03-02-2014

                               / O R D E R

       This appeal of the assessee for the assessment year 2007-08 is
directed against the order of the CIT(A)-I, Baroda dated 26.7.2011.

2.     At the time of hearing none appeared on behalf of the assessee-
appellant. On earlier date of hearing on 29.11.2013, the learned counsel
for the assessee requested for adjournment and the case was adjourned
accordingly. On 16.9.2013 was also none appeared on behalf of the
assessee inspite of notice served, and therefore, the case was adjourned
                                                                    ITA No.2590/Ahd/2011








by the Tribunal. In the circumstances, it is inferred that the assessee is not
interested in pursing its appeal. Therefore, following the decision of
Delhi Bench of the Tribunal in the case of Multiplan (India) Ltd. 38 ITD
320, I dismiss the appeal of the assessee in limine for want of
prosecution.

     3.       In the result, the appeal of the assessee is dismissed.

Order pronounced in Open Court on the date mentioned hereinabove.

                                                                                  Sd/-
                                                                      ..
                                                                     (../G.C. GUPTA)
                                                                    Ú¢ /VICE-PRESIDENT
Copy of the order forwarded to:
1)        : Appellant
2)        :    Respondent
3)        :    CIT(A)
4)        :    CIT concerned
5)        :    DR, ITAT.
                                                                          BY ORDER


                                                       DR/AR, ITAT, AHMEDABAD

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