Honda Cars India Ltd. v. DCIT, New Delhi
[Citation -2016-LL-1014-29]
| Citation | 2016-LL-1014-29 |
|---|---|
| Appellant Name | Honda Cars India Ltd. |
| Respondent Name | DCIT, New Delhi |
| Court | ITAT-Delhi |
| Relevant Act | Income-tax |
| Date of Order | 14/10/2016 |
| Assessment Year | 2010-11 |
| Judgment | View Judgment |
| Keyword Tags | extension of time |
| Bot Summary: | PAN: AAACH1765Q Assessee by: Shri Amit Srivastava, Advocate Revenue by: Shri S.K. Jain, Sr. DR Date of Hearing 14.10.2016 Date of Pronouncement 14.10.2016 ORDER PER R. S. SYAL, AM: By means of the present stay application, the assessee seeks further extension of the stay originally granted by the Tribunal on 05.09.2014 as 2 SA No. 479/Del/2016 extended on 27.2.2015, 14.10.2015 and 18.4.2016 in relation to the assessment year 2010-11. AR submitted that the conditions stipulated, while granting original stay, were duly complied with and the delay in disposing of the appeal has not occurred due to the assessee. It was prayed that the stay hitherto granted may be extended. The net effect of this judgment is that if the appeal could not be disposed of by the Tribunal for no fault of the assessee, then the power vests with the Tribunal to extend the stay beyond the aggregate period of 365 days. On merits, it is indisputably found that the terms of stay originally granted have been duly complied with. The appeal could not be finally 3 SA No. 479/Del/2016 heard for one reason or the other for no fault of the assessee. Considering the entirety of the facts and circumstances of the instant case, we are inclined to grant extension of stay for a further period of six months from today or till the disposal of the appeal, whichever is earlier. |