2021 (7) TMI 1137

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....e tax resident of USA and stated to be engaged in the business of telecommunication equipment worldwide, software and marketing of telecom related equipments. Assessee filed its return of income for A.Y. 2008-09 on 29.09.2008 declaring total taxable income of Rs. 37,39,880/-. The case was taken up for scrutiny and thereafter assessment was framed u/s 143(3) r.w.s 144C of the Act vide order dated 18.10.2012 and the total income was determined at Rs. 3,19,18,373/-. Subsequently, notice u/s 148 of the Act was issued on 27.08.2015 which was duly served on the assessee. The assessee inter alia vide letter dated 13.04.2015 submitted that return filed on 29.09.2008 be treated as return of income filed in response to notice issued u/s 148 of the Ac....

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.... not been accepted by the Department and an appeal has been filed before the Hon'ble High Court U/s 260A of the Act which is pending for adjudication? 4. The appellant prays for leave to add, amend, modify or alter any grounds of appeal at the time of or before the hearing of the appeal." 5. The case file reveals that there was no appearance on behalf of the assessee. Even on the date of hearing, none appeared on behalf of the assessee nor any adjournment application was filed. In the absence of any representative from the side of assessee, we proceed to dispose of the appeal ex parte qua the assessee after considering the material on record and after hearing by the Learned DR. 6. Before us, at the outset, Learned DR submitte....