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Income Tax Appellate Tribunal - Mumbai

Red Hat India P.Ltd, Mumbai vs Dcit 15(3)(1), Mumbai on 15 September, 2017

                 IN THE INCOME TAX APPELLATE TRIBUNAL
                             "K" Bench, Mumbai
             Before S/Shri B.R. Baskaran (AM) & Ramlal Negi (JM)

                         S.A. No. 406/Mum/2017 in
             ITA No. 1456/Mum/2017 (Assessment Year 2012-13)

             Red Hat India Pvt. Ltd.             DCIT 15(3)(1)
             A-201, Supreme Business         Vs. Mumbai
             Park, Supreme City
             Hiranandani Gardens
             Powai, Mumbai-400 076.
             PAN : AABCR7097N
             (Appellant)                           (Respondent)

              Assessee by                   Shri Nikhil Thiwari &
                                            Shri Rajiv Narayan
              Department by                 Shri V. Tustia
              Date of Hearing               15.9.2017
              Date of Pronouncement         15.9.2017

                                   ORDER

Per B.R. Baskaran (AM) :-

The assessee has filed this stay application seeking extension of stay already granted by the Tribunal, vide its order dated 10-03-2017 passed in S.A. No.140/Mum/2017.

2. The Ld A.R submitted that the appeal has already been heard on 05-07- 2017 and the order is awaited. Accordingly he prayed for extension of stay.

3. We heard Ld D.R and perused the record. Having regard to the submissions made by Ld A.R, we are of the view that the stay already granted by the Tribunal deserves extension. Accordingly we extend the stay for a period of six months or till the date of disposal of appeal, whichever period expires earlier.

2

4. In the result, the stay application of the assessee is allowed.

Order has been pronounced in the Court on 15.9.2017.

            Sd/-                                             Sd/-
       (RAMLAL NEGI)                                   (B.R.BASKARAN)
      JUDICIAL MEMBER                               ACCOUNTANT MEMBER

Mumbai; Dated : 15/9/2017

Copy of the Order forwarded to :

1. The Appellant
2. The Respondent
3. The CIT(A)
4. CIT
5. DR, ITAT, Mumbai
6. Guard File.

BY ORDER, //True Copy// (Dy./Asstt. Registrar) PS ITAT, Mumbai