M/S 10K INFO DATA SOLUTIONS PRIVATE LIMITED ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-7(1)(1), BANGALORE

This appeal by the assessee is directed against the order dated 08.08.2018 of Commissioner of Income Tax (Appeals) - 7, Bangalore, for Assessment Year 2014-15.

None has appeared on behalf of the assessee when this appeal was called for hearing today i.e., 05.11.2018. Hence, we are satisfied that the assessee is not interested in pursuing the present appeal.

In view of the above, I am of the opinion that the assessee is not seriously interested in pursuing the appeals on hand. The law aids those who are vigilant, not those who sleep upon their rights. This principle is embodied in well known dictum, “VIGILANTIBUS ET NON DORMIENTIBUS SERVIUNT LEGES”. Considering the facts and circumstances of the case and keeping in view the provisions of Rule 19(2) of the Income Tax Appellate Tribunal Rules as were considered in the case of CIT Vs. Multiplan India Ltd., (38 ITD 320) (Del), the appeal is dismissed.

In the result, the appeal of the assessee for Assessment Year 2014-15 is dismissed.