Royal Multisport Private Limited, (Formerly known as Jaipur IPL Cricket Pvt. Ltd.) v. Asst. Commissioner of Income-tax, Central Cir-13, Mumbai
[Citation -2019-LL-0913-86]
| Citation | 2019-LL-0913-86 |
|---|---|
| Appellant Name | Royal Multisport Private Limited, (Formerly known as Jaipur IPL Cricket Pvt. Ltd.) |
| Respondent Name | Asst. Commissioner of Income-tax, Central Cir-13, Mumbai |
| Court | ITAT-Mumbai |
| Relevant Act | Income-tax |
| Date of Order | 13/09/2019 |
| Assessment Year | 2010-11 |
| Judgment | View Judgment |
| Keyword Tags | extension of stay |
| Bot Summary: | Shri Jishaan Jain, appearing on behalf of the assessee submitted that stay was originally granted to the assessee by the Tribunal in SA Nos.469 470/Mum/2017 for the respective assessment years vide order dated 2 S.A. No.363 364/MUM/2019 20/10/2017 for a period of three months. Thereafter, the stay was extended by the Tribunal in SA Nos.1920/Mum/2018 vide order dated 22/01/2018, in SA Nos.275 276/Mum/2018 vide order dated 27/2018 and in SA Nos.127 128/Mum/2019 vide order dated 15/03/2019. The Ld. Authorised Representative for the assessee prayed for extension of the stay. Shri A.B.Koli, appearing on behalf of the Department vehemently opposed the prayer of assessee for seeking extension of stay. A perusal of the records show that originally the stay was granted to the assessee vide order dated 20/10/2017. The Co-ordinate Bench of Tribunal in SA Nos.127 128/Mum/2019 vide order dated 15/03/2019(supra) extended the stay for a period of six months. In the result, the stay applications filed by the assessee are allowed, as above. |