IN THE INCOME TAX APPELLATE TRIBUNAL
MUMBAI BENCHES “C”, MUMBAI
Before Shri R.S.Syal, AM and Shri R.S.Padvekar, JM
ITA No.6876/Mum/2008:Asst. Year 2005-2006
M/s.Classic Shares & Stock Broking
Services Limited
Radha Bhavan, 1st Floor
Mumbai – 400 023.
PAN:AABCS4255R.
(Appellant)
Vs.
The Asstt.Commissioner of Income-tax
Central Circle 40
Mumbai.
(Respondent)
Appellant by: --- None ---
Respondent by: Dr.P.Daniel, Special Counsel
Date of Hearing:16.01.2012.
Date of Pronouncement:18.01.2012
O R D E R
Per R.S.Syal, AM:
This appeal by assessee is directed against the order passed by the Commissioner of Income-tax (Appeals) on 11.09.2008 in relation to the assessment year 2005-2006.
2. This appeal was fixed for hearing on 16.01.2012. However, despite notice, none appeared on behalf of the assessee nor has it moved any application for adjournment. It is, therefore, presumed that the assessee is not interested in prosecuting its appeal. Accordingly, by applying the ratio laid down by the ITAT Delhi Bench in the case of CIT Vs. Multiplan India (P.) Ltd. [(1991) 38 ITD 320], we dismiss this appeal filed by the Appellant-assessee as not maintainable.
3. In the result, the appeal is dismissed.
Order pronounced on this 18th day of January, 2012.
Sd/- Sd/-
(R.S.Padvekar) (R.S.Syal)
JUDICIAL MEMBER ACCOUNTANT MEMBER
Mumbai:
Devdas*
Copy to :
1. The Appellant.
2. The Respondent.
3. The CIT concerned
4. The CIT(A) Central-VII, Mumbai.
5. The DR/ITAT, Mumbai.
6. Guard File.
TRUE COPY.
By Order
Assistant Registrar, ITAT, Mumbai.
