M/S TRIANGLE PROPERTY DEVELOPERS PVT LTD ,BANGALORE vs. JOINT COMMISSIONER OF INCOME TAX (OSD) O/O CIT-III, BANGALORE

These two appeals at the instance of the assessee are directed against two separate the orders of the CIT(A). The relevant assessment years are 2009-2010 and 2011-2012.

When the appeals were called for hearing today, nobody appeared on behalf of the assessee. The notice of hearing has been duly served on the assessee. The acknowledgement- cum-notice is placed on record. It is, therefore, presumed that that the assessee is not interested in prosecuting its appeals. Hence, we dismiss the appeals of the assessee in limine for 2 . M/s.Triangle Property Developers P.Ltd. non-prosecution, by following the judgment of the Hon’ble Madhya Pradesh High Court in the case of Estate of Tukoji Rao Holkar v. CWT [(1997) 223 ITR 480 (MP)] and the decision of the Delhi Bench of the Tribunal in CIT v. Multiplan India P. Ltd. [(1991) 38 ITD 320].

In the result, the appeals by the assessee are dismissed.