Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2020 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2020 (7) TMI 624 - AT - Income TaxStay petition - Stay extended by the Tribunal beyond the period of one year - stay of recovery of outstanding demand for a period of 180 days from this day or till disposal of the appeal - HELD THAT:- As relying on M/S. SAP LABS INDIA PVT. LTD. VERSUS ADDL. COMMISSIONER OF INCOME-TAX, RANGE 12, BANGALORE. [2016 (2) TMI 398 - ITAT BANGALORE] there is no change in the facts and circumstances of the case and further we notice that the delay in disposing of the appeal is not attributable to the assessee, we are of the view that the stay already granted by the Tribunal deserves extension. Accordingly we extend the stay for further period of 180 days commencing from the date of this order or till the date of disposal of the appeal, whichever period expires earlier. We make it clear that the assessee should not seek adjournment on the date of hearing without reasonable cause, failing which the present stay order shall be subjected to review by the Division Bench hearing the appeal - Stay application filed by the assessee is allowed.
|