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Pradeep B. Vasa,Court House,Dhobi Talao,L.T. Marg,Mumbai 400 022. Vs. Asst. Commissioner of Income Tax, 14(3),Mumbai.
June, 16th 2012
          IN THE INCOME TAX APPELLATE TRIBUNAL
               MUMBAI BENCHES "C" MUMBAI

       BEFORE SHRI D.K. AGARWAL, JUDICIAL MEMBER
                          AND
          SHRI RAJENDRA, ACCOUNTANT MEMBER

                      ITA No. 8262/Mum/2010
                      Assessment Year 2007-08

      Pradeep B. Vasa,                   Asst. Commissioner of
      Court House,                       Income Tax, 14(3),
      Dhobi Talao,                       Mumbai.
      L.T. Marg,                  Vs.
      Mumbai ­ 400 022.

      PAN: AABPV 1009R

        (Appellant)                            (Respondent)


           Assessee by       :      NONE
           Revenue by        :      Shri D.S. Sunder Singh, DR


           Date of hearing          :      14-06-2012

           Date of pronouncement :         14-06-2012



 
                                ORDER

PER RAJENDRA, A.M.

      The assessee has filed this appeal against the Order
dt. 23-09-2010 of the CIT(A)-25, Mumbai on the following Grounds:

     Grounds of Appeal:

     "The learned CIT(A) erred in treating the House Property Income
     from letting of Factory Premises of ` 9,30,000/- as Income from
     Other Sources instead of Income from House Property as
     computed by the Assessee and as assessed as such by the
     Assessing Officer in Assessment Year 2006-07."

     "The learned CIT erred in disallowing 1/3rd of Motor Car
     Depreciation at ` 39,665/- though the car was used for the
     purpose of business only".
                                  2                  ITA No. 8262/Mum/2010
                                                              Pradeep B. Vasa


      "The learned CIT erred in disallowing 20% of total Telephone
      Expenses at ` 10921/- stating that no log book is maintained
      though all such expenses were incurred for the purpose of
      business only and considering the volume of business, the total
      expenses were very reasonable".

      "The learned Assessing Officer erred in disallowing the entire
      Salary and Wages of ` 4,92,000/- though the same were
      expended for the purpose of business and erred in treating the
      same at unreasonable and has not considered the fact that the
      assessee had Trading activities of Oil and Share Trading"

      "The learned CIT erred in disallowing interest and other expenses
      at ` 11,62,184/- u/s. 14A by invoking to Rule 8D though the
      same is not required to be invoked and no disallowance u/s. 14A
      is warranted for".

2.     Assessee was informed that matter will be heard on 14-06-2012.
But, no one appeared on behalf of assessee. Nor there is any
application for adjournment.      In view of above, it appears that
assessee is not interested in prosecuting this appeal. Hence this
appeal of the assessee is liable to be dismissed for non-prosecution.
In this regard, we are supported by the decision in the case of CIT Vs.
B.N. Bhattachargee and another, reported in 118 ITR 460 (relevant
pages 477 & 478) wherein their Lordships have held that:
       "The appeal does not mean merely filing of the appeal but
effectively pursuing it".


3.    In this regard we are also supported by the decision in the case
of CIT Vs Multiplan India (P) Ltd., 38 ITD 320 (Del).


4.    In view of the above, and also considering the provision of Rule
19 of the Appellate Tribunal rules, 1963, appeal of the assessee is
dismissed.


5.   In the result, appeal of the        assessee   is dismissed for
non-prosecution.

      Order pronounced in the open court on 14th June, 2012.


        Sd/-                                         Sd/-
   (D.K. AGARWAL)                               (RAJENDRA)
  JUDICIAL MEMBER                           ACCOUNTANT MEMBER
Mumbai,
Date 14th June, 2012
                               3                 ITA No. 8262/Mum/2010
                                                          Pradeep B. Vasa



TNMM

Copy to:

     1. Appellant
     2. Respondent
     3. The concerned CIT (A)
     4. The concerned CIT
     5. DR "C" Bench, ITAT, Mumbai
     6. Guard File
      (True copy)



                                     By Order


                                 Asst. Registrar,
                           Income Tax Appellate Tribunal,
                             Mumbai Benches, Mumbai
 
 
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