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Income Tax Appellate Tribunal, KOLKATA BENCH “D” KOLKATA
Before: Shri S.S.Godara & Dr. A.L. Saini
O R D E R
PER S.S.Godara, Judicial Member:
- This assessee’s appeal for assessment year 2012-13 is directed against the Commissioner of Income Tax (Appeals)-23, Kolkata’s order dated 17.02.2017, passed in case No.21/CIT(A)-23/W-4(3)/16-17. Upholding Assessing Officer’s action adding its share premium amount of ₹20,54,94,300/- in ex parte assessment order dated 27.02.2015, in proceeding u/s 143(3) of the Income Tax Act, 1961; in short ‘the Act’.
Case called twice none-appears at the assessee’s behest. The registry has already sent an RPAD to the assessee on 20.04.2018 of today’s hearing. We therefore proceed ex parte against the assessee in the instant appeal.
M/s Apex Dealcom Pvt. Ltd. Vs. ITO Wd-No.4(3) Kol. Page 2 3. We now advert to merits of assessee’s sole substantive grievance. It appears that the Assessing Officer as well as CIT(A) have passed their respective orders ex parte against the assessee whilst adding the impugned share premium of ₹20,54,94,300/- during the course of assessment as upheld in lower appellate proceedings. The same sufficiently indicates that the assessee has throughout been not interested in prosecuting its grievance.