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Income Tax Appellate Tribunal, DELHI BENCH : SMC-II, NEW DELHI
Before: SHRI SUNIL KUMAR YADAV
Date of hearing : 14.09.2016 Date of Pronouncement : 16.09.2016 O R D E R This appeal is preferred by the assessee against the order of the CIT(Appeals)-17, New Delhi dated 25.02.2015 inter alia on the following grounds:- “
1. That the judgment is against the facts & law of the case.
2. That the learned assessing officer wrongly disallowed the interest of Rs.3,04,441/- paid to M/s Tata Capital Ltd and M/s Reliance Capitals Ltd and confirmed by the Hon. CIT(Appeals).
3. That the learned CIT Appeals has wrongly added Rs.4,31,855/- on account of disallowance of interest whereas the same was allowed by the Ld.AO.
That the appellant prays to leave, add or otherwise amend any or all grounds of appeal
before or after the hearing of the appeal.
5. That the appellant prays to delete the additions as per the order of the LD. A. A. which is based on unjustified and baseless grounds.”
This appeal was taken up for consideration on 14.09.2016, but none appeared on behalf of the assessee. On perusal of the record, it is noticed that the notice of hearing was sent through RPAD, but the same was received back unserved with the remarks “addressee is not available”. Notice was issued to the address given in Form 36 filed along with the appeal. Since the office could not serve the notice upon the assessee due to incorrect address, I have no option but to hear the appeal ex parte. The revenue was heard.
On a careful perusal of the order of CIT(Appeals) vis-à-vis the grounds raised
before the Tribunal, I find that the CIT(A) has adjudicated all the grounds raised before him judiciously and I find no error in the order of the CIT(A). Accordingly, I confirm the same.
4. In the result, the appeal of the assessee is dismissed. Pronounced in the open court on this 16th day of September, 2016.