Held by ITAT Asr in ITA 246 & 247/2010 on 30-10-2012:
The law assists those who are vigilant and not those who sleep over their rights. This principle is
embodied in the well known dictum “VIGILANTIBUS, NON DORMENTIBUS, JURA SUBVENIUNT’. Considering the facts and keeping in mind the provisions of Rule 19(2) of the Appellate Tribunal
Rules and by relying on the decision of the ITAT Delhi Bench, in the case of C.I.T. Vs. Multiplan India Ltd; 38-ITD-320 and the judgment of the Hon’ble Madhya Pradesh High Court in the case of Estate of Late Tukoji Rao Holkar Vs. CWT (1997) 223-ITR-480, the appeals are dismissed for want of prosecution
The law assists those who are vigilant and not those who sleep over their rights. This principle is
embodied in the well known dictum “VIGILANTIBUS, NON DORMENTIBUS, JURA SUBVENIUNT’. Considering the facts and keeping in mind the provisions of Rule 19(2) of the Appellate Tribunal
Rules and by relying on the decision of the ITAT Delhi Bench, in the case of C.I.T. Vs. Multiplan India Ltd; 38-ITD-320 and the judgment of the Hon’ble Madhya Pradesh High Court in the case of Estate of Late Tukoji Rao Holkar Vs. CWT (1997) 223-ITR-480, the appeals are dismissed for want of prosecution
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