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2017 (9) TMI 1796 - ITAT MUMBAIExtension of stay - Denial of deduction under section 80IC - HELD THAT:- At the time of hearing it has been brought out by the parties that the CIT(A) has since disposed of the appeal for assessment year 2008-09 and that the matter is now before the Tribunal. Considering the aforesaid factual matrix, it emerges that now the dispute in the assessment year 2011-12 is ripe for hearing since assessee’s appeal for assessment year 2008-09 is also due for hearing before the Tribunal. It would be in the fitness of things, as indicated by us at the time of hearing that the appeals for assessment year 2008-09 as well as the captioned year be taken up together to facilitate expeditious disposal. Therefore, the registry is directed to post the appeals of the assessee as well as of the Revenue for assessment year 2011-12 alongwith the appeal for assessment year 2008-09. In the meanwhile, considering the fact that the reasons for the non-disposal of the appeal cannot be attributed to the assessee and the fact that the proceedings are now ripe for final hearing by the Tribunal, we deem it fit and proper to extend the stay on the recovery of outstanding demand for a period of six months or till the disposal of the appeal by the Tribunal, whichever is earlier. Stay application of the assessee is allowed
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