FIRST GLOBAL STOCK BROKING PRIVATE LIMITED,NAVI MUMBAI vs. COMMISSIONER OF INCOME TAX, MUMBAI

IN THE INCOME TAX APPELLATE TRIBUNAL
“F” BENCH MUMBAI

BEFORE HON’BLE SHRI SANDEEP GOSAIN, JUDICIAL MEMBER&
SHRI OMKARESHWAR CHIDARA, ACCOUNTANT MEMBER
First Global Stock Broking
Private Limited,
Ratnam
Square
Plot
No.38/39,
Sector
19A,
Vashi, Navi Mumbai, Thane,
Vashi S.O. (Thane),
Navi Mumbai – 400703. Vs.
Commissioner of Income Tax
Aaykar Bhavan,
M.K.Road,
Near
Churchgate
Station,
Mumbai – 400020. PAN/GIR No. AAACF0661K
(Applicant)
(Respondent)

Assessee by None
Revenue by Shri Vivek Perampurna (CIT-DR)

Date of Hearing
27.11.2025
Date of Pronouncement
03.12.2025

आदेश / ORDER

PER SANDEEP GOSAIN, JM:

The present appeal has been filed by the assessee challenging the impugned order dt. 14.08.2025 passed under section 250 of the Income Tax Act, 1961 (‘the Act’), by the National Faceless Appeal Centre (NFAC) / CIT(A) for the assessment year 2013-14. 2. None appeared on behalf of the assessee, when the case was called repeatedly. From the file, we noticed

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First Global Stock Broking Private Limited, Navi Mumbai that the notice of the present hearing was already send to the assessee through RPAD and also through e-mail id. incometax@firstglobalsec.com as per the report of registry. Since the notice was issued on the address given by the assessee and 30 days have already been lapsed from the date of issuance of notice therefore while drawing inference under the General Clauses Act, it is presumed that service has been validly effected upon the assessee therefore considering these circumstances assessee is proceeded ex-parte.
3. After having gone through the order passed by the Ld.
CIT(A) and hearing Ld. DR, we found that assessee could not demonstrate or prove on record the sufficient cause in “not filing the appeal before Ld. CIT(A) within time”.
Therefore Ld. CIT(A) rightly dismissed the said appeal.
4. Even otherwise no new facts or circumstances have been brought on record before us in order to controvert or rebut the findings so recorded by Ld. CIT(A). Therefore, we see no reasons to interfere into or to deviate from the lawful findings so recorded by Ld. CIT(A). Hence, the ground raised and by the assessee stands dismissed.
5. In the result, the appeal filed by the assessee stands dismissed.

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First Global Stock Broking Private Limited, Navi Mumbai

Order pronounced in the open court on 03.12.2025 (OMKARESHWAR CHIDARA) (SANDEEP GOSAIN)
ACCOUNTANT MEMBER JUDICIAL MEMBER

Mumbai, Dated 03/12/2025

KRK, Sr. PS

आदेश की ितिलिप अेिषत/Copy of the Order forwarded to :
1. अपीलाथ / The Appellant
2. थ / The Respondent.
3. संबंिधत आयकर आयु / The CIT(A)
4. आयकर आयु(अपील) / Concerned CIT
5. िवभागीय ितिनिध, आयकर अपीलीय अिधकरण,मुबई/ DR, ITAT, Mumbai
6. गाड फाईल / Guard file.

आदेशानुसार/BY ORDER,
सािपत ित ////