Case Law Details
Hrishikesh Mega Township (P) Limited Vs Income Tax Officer (ITAT Kolkata)
In this case satisfied that the assessee has nothing to say in support of its alleged bogus share capital claim. Apart from the above, we also notice that impugned order was passed in 2016 by the ld. 1st Appellate Authority, whereas appeal has been filed in 2021. The only explanation taken by the assessee is that Certified Copy was obtained by the assessee on 03.12.2020. There is a huge gap of roughly four years, which has not been explained by the assessee, or no one has responded to the notices issued by the Tribunal. Accordingly we do not find any merit in this appeal, it is dismissed.
FULL TEXT OF THE ORDER OF ITAT KOLKATA
The assessee is in appeal before the Tribunal against the order of ld. Commissioner of Income Tax (Appeals)-2, Kolkata dated 03.10.2016 passed for A.Y. 2009-10.
2. In response to the notice of hearing, no one has come present on behalf of the assessee. On 08.2022, one alleged employee of the assesseecompany Shri Amit Singh appeared, but thereafter no one has appeared. Notice has been sent through e-mail also. From the record, it transpires that no one has appeared before the ld. CIT(Appeals) or the ld. Assessing Officer. Considering the above situation, we deem it appropriate to hear this appeal ex-parte qua the assessee.
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