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2015 (4) TMI 12 - DELHI HIGH COURT

2015 (4) TMI 12 - DELHI HIGH COURT - [2015] 376 ITR 51 (Del) - Stay of demand - Held that:- Petitioner has approached this Court by way of this writ petition seeking extension of stay in respect of the assessment year 2009-10 till the disposal of the appeal by the Tribunal. The learned counsel for the petitioner has placed before us several orders passed by this court, whereby this Court has extended the stay initially granted by the Tribunal till the disposal of the appeal by the Tribunal in ex .....

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ing the appeal, it would be in the interest of justice that the stay order granted by the Tribunal is continued till the disposal of the appeal by the Tribunal. It is ordered accordingly. - WP (C) No. 2992/2015 - Dated:- 24-3-2015 - Badar Durrez Ahmed And Sanjeev Sachdeva,JJ. For the Appellants : Mr C S Aggarwal, Sr. Adv & Mr Prakash Kumar For the Respondent : Ms Suruchi Aggarwal JUDGMENT Badar Durrez Ahmed, J (Oral) CM 5359/2015 Allowed subject to all just exceptions. WP(C) 2992/2015 & .....

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essment order, subject to certain conditions which have been fulfilled by the petitioner. 3. A subsequent order dated 10.10.2014 was passed by the Tribunal extending the interim stay. By virtue of the decision of a Division Bench of this Court in CIT v. Maruti Suzuki (India) Limited: [WP(C) 5086/2013] decided on 21.02.2014, it is made clear that the Tribunal has no authority to extend the period of stay beyond a period of 365 days from the initial date of grant of stay. As 365 days will elapse o .....

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