Hapag Lloyd India Private Limited v. ACIT-10(1)1, Mumbai
[Citation -2019-LL-0830-24]

Citation 2019-LL-0830-24
Appellant Name Hapag Lloyd India Private Limited
Respondent Name ACIT-10(1)1, Mumbai
Court ITAT-Mumbai
Relevant Act Income-tax
Date of Order 30/08/2019
Assessment Year 2009-10
Judgment View Judgment
Keyword Tags extension of stay • quantum appeal
Bot Summary: By way of this Stay Application for Assessment Year AY 2009-10, the assessee seeks extension of stay as granted by the Tribunal vide earlier Stay application No.72/Mum/2019 order dated 01/03/2019. The stay 2 was granted for a period of earlier of 180 days or till the disposal of the appeal and accordingly, the period of stay has already been expired. It transpires that quantum appeal of the assessee has already been heard on 15/07/2019 and order is awaited. Keeping in view the rival submissions and the pleadings made in the stay application petition, we deem it fit to extend the stay for a further period of 90 days from the date of this order or till the disposal of the quantum appeal whichever is earlier. The stay application stand allowed in terms of our above order. Order pronounced in the open court on 30th August, 2019.


IN INCOME TAX APPELLATE TRIBUNAL K BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, JM AND SHRI MANOJ KUMAR AGGARWAL, AM Stay Application No.342/Mum/2019 [Arising Out of I.T. A. No.6714/Mum /2018] ( / Assessment Year: 2009-10) M/s. Hapag Lloyd India Private Limited ACIT-10(1)1 403 & 404, Satellite Gazebo A-Wing Aaykar Bhavan 4th Floor, Guru Hargovindji Marg V s. M.K. Marg Andheri (East), Mumbai. Mumbai. PAN/GIR No. AABCH-7319-B (Appellant) Respondent) Appellant by : Shri Nimesh Vora, Ld.AR /Respondent by : Shri Chaitanya Anjaria, Ld. DR 30/08/2019 Date of Hearing 30/08/2019 Date of Pronouncement OR DER Manoj Kumar Aggarwal (Accountant Member):- 1. By way of this Stay Application for Assessment Year [AY] 2009-10, assessee seeks extension of stay as granted by Tribunal vide earlier Stay application No.72/Mum/2019 order dated 01/03/2019. stay 2 was granted for period of earlier of 180 days or till disposal of appeal and accordingly, period of stay has already been expired. 2. It transpires that quantum appeal of assessee has already been heard on 15/07/2019 and order is awaited. Keeping in view rival submissions and pleadings made in stay application petition, we deem it fit to extend stay for further period of 90 days from date of this order or till disposal of quantum appeal whichever is earlier. 3.. stay application stand allowed in terms of our above order. Order pronounced in open court on 30th August, 2019. Sd/- Sd/- (Saktijit Dey) (Manoj Kumar Aggarwal) Judicial Member / Accountant Member Mumbai; Dated 30/08/2019 Sr.PS:-Jaisy Varghese /Copy of Order forwarded to : 1. Appellant 2. Respondent 3. CIT(A) 4. CIT concerned 5. DR, ITAT, Mumbai 6. Guard File BY ORDER, (Dy./Asstt.Registrar) ,ITAT, Mumbai. Hapag Lloyd India Private Limited v. ACIT-10(1)1, Mumbai
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