Document Fragment View

Matching Fragments

This appeal, filed by assessee, being ITA No. 141/Alld./2017, is directed against an appellate order dated 31.03.2017 in Appeal No. 154/667/DCIT/CC/Alld./CIT(A)- III/Lko./14-15 passed by learned Commissioner of Income Tax (Appeals)-III, Lucknow (hereinafter called "the CIT(A)"), for assessment year(ay):2008-09, the appellate proceedings had arisen before learned CIT(A) from assessment order dated 30.03.2013 passed by learned Assessing Officer (hereinafter called "the AO") under Section 153A Assessment Year: 2008-09 M/s Subhash Stone Industries Private Limited (Formerly Rajluxmi Stone Crushers Private Limited) v.

5. That in any view of the matter the interest charged under different sections of the Act is highly unjustified.
6. That in any view of the matter the appellant reserves his right to take any fresh grounds of appeal before hearing of appeal."

3. The appeal was fixed for hearing before the Division Bench on 11 th May, 2022, and adjournment application was moved by the assessee counsel on the ground that the Director of the company Shri Ajay Kumar who is looking after tax matter is not keeping well. It is also submitted in the aforesaid adjournment application that the case record is not available with the counsel. These are old appeals, which is pending adjudication Assessment Year: 2008-09 M/s Subhash Stone Industries Private Limited (Formerly Rajluxmi Stone Crushers Private Limited) v.

"Dated: 11.5.2022 Assessment Year: 2008-09 Assessment Year: 2008-09 M/s Subhash Stone Industries Private Limited (Formerly Rajluxmi Stone Crushers Private Limited) v.
Deputy Commissioner of Income Tax, Central Circle, Allahabad None appeared on behalf of the assessee when this appeal was called for hearing. An application on behalf of the assessee is filed for seeking adjournments of the hearing on the ground that the Director of the company is out of station at Haldwani, Nainital and also not keeping well. This appeal is pending for last more than five years and the assessee has been seeking adjournments right from the beginning.
Thus, we declined to adjourn the hearing and proceeded to adjudicate this appeal on merits in accordance with law, after hearing ld. CIT-DR and after considering the entire material on record.
4. The brief facts of the case are that in pursuance of warrants of authorization issued by Director of Income Tax (Investigation), Kanpur, under Section 132 of the Income Tax Act, 1961, a search and seizure operations were carried out by Revenue on 3rd February, 2011 , at the residential and business premises belonging to the Vaish group of cases. Along with the search and seizure action conducted by Revenue u/s 132(1) of the 1961 Act, certain business premises of the group were also surveyed under Section 133A of the 1961 Act. The assessee was also searched by Revenue under Section 132(1) , on 3rd February, 2011 , under warrant of authorization dated 18th January, 2011. The assessee is engaged in the business of stone crushing. Statutory notices were issued by the AO under Section 153A , dated 16 th February, 2012 and 17th Assessment Year: 2008-09 M/s Subhash Stone Industries Private Limited (Formerly Rajluxmi Stone Crushers Private Limited) v.