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Schneider Electric India Pvt Ltd Versus Deputy Commissioner of Income Tax Circle-7 (1) , New Delhi

2015 (5) TMI 790 - DELHI HIGH COURT

Extension of stay - Held that:- 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 Tribuna .....

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o been stated clearly in Maruti Suzuki (2014 (2) TMI 1037 - DELHI HIGH COURT).

We feel that since the petitioner had already been granted conditional stay by the Tribunal in respect of the said appeal and that the Tribunal is in the midst .....

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Durrez Ahmed And Sanjeev Sachdeva,JJ. For the Appellants : Mr Pawan Kumar with Mr Prakash Kumar For the Respondent : Mr Rohit Madan JUDGMENT Badar Durrez Ahmed,J (Oral) CM 8871/2015 Allowed subject to all just exceptions. WP(C) 4902/2015 & CM 887 .....

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ITA No. 937/Del/2014 before the Income Tax Appellate Tribunal being aggrieved by the assessment order. The Tribunal, at the initial stage, that is, on 13.05.2014, had granted stay of the demand which had been raised subsequent to the said assessment .....

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uti 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 elapsed on 12.05.201 .....

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table to the petitioner. Now, the appeal is listed for hearing on 28.07.2015. 4. It is in these circumstances that the petitioner has approached this Court by way of this writ petition seeking extension of stay in respect of the assessment year 2009- .....

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