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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

Smt. Madala Chandana Hyderabad Vs. The Income Tax Officer Ward-6(3) Hyderabad
July, 04th 2012
              IN THE INCOME TAX APPELLATE TRIBUNAL
                  HYDERABAD BENCH `A', HYDERABAD

     BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER and
              SHRI SAKTIJIT DEY, JUDICIAL MEMBER

                              ITA No. 1507/Hyd/2011
                              Assessment year 2008-09

Smt. Madala Chandana                    Vs.    The Income Tax Officer
Hyderabad                                      Ward-6(3)
PAN: AKLPM2799M                                Hyderabad
Appellant                                      Respondent

                          Appellant by: None
                         Respondent by: Shri K. Viswanatham

                        Date of hearing: 02.07.2012
                Date of pronouncement: 02.07.2012






                                     ORDER

PER CHANDRA POOJARI, AM:

      This appeal by the assessee is directed against the order of the CIT(A)-IV,
Hyderabad dated 23.6.2011 for assessment year 2008-09.

2.      This appeal was last posted for hearing on 13.3.2012. At the request of
the assessee, hearing of the appeal was adjourned and posted for hearing on
2.7.2012. However, on 2.7.2012 none appeared on behalf of the assessee or any
petition for adjournment of hearing is submitted. This conduct of the assessee
shows that she is not interested in prosecuting her appeal. Following the ratio
laid down by the Delhi Bench of this Tribunal in CIT v. Multiplan India Limited
reported in 38 ITD 320, the appeal filed by the assessee is not admitted and
dismissed in limine.

3.      However, the assessee is at liberty to file a petition for recalling this order,
if there is sufficient cause for non-appearance on the date of hearing i.e., on
2.7.2012.






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

              Order pronounced in the open court on 2nd July, 2012.


                Sd/-                                     Sd/-
           (SAKTIJIT DEY)                          (CHANDRA POOJARI)
         JUDICIAL MEMBER                          ACCOUNTANT MEMBER

Hyderabad, dated the 2nd July, 2012
                                       2                   ITA No. 1507/Hyd/2011
                                                            Smt. Madala Chandana
                                                          ==================


Copy forwarded to:

1.      Smt. Madala Chandana, c/o. M/s. P Murali &Co., Chartered
        Accountants, 6-3-655/2/3, 1st Floor, Somajiguda, Hyderabad-82.
2.      The Income Tax Officer, Ward-6(3), Hyderabad.
3.      The CIT(A)-IV, Hyderabad
4.      The CIT-III, Hyderabad.
5.      The DR ­ A Bench, ITAT, Hyderabad.

tprao
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