Income Tax Appellate Tribunal - Delhi
Adobe Systems India Pvt. Ltd.,, Noida vs Assessee on 23 September, 2016
IN THE INCOME TAX APPELLATE TRIBUNAL
DELHI BENCH: 'FRIDAY' NEW DELHI
BEFORE SHRI R. S. SYAL, ACCOUNTANT MEMBER
AND
SHRI KULDIP SINGH, JUDICIAL MEMBER
S.A. No.455/Del/2016
(In I.T.A No.6165/Del/2015)
Assessment Year : 2011-12
Abode Systems India Pvt. Ltd., Vs ACIT,
Plot No.A5, Sector 132, Circle-1,
Noida. Noida.
PAN: AACCA2982J
(Applicant) (Respondent)
Assessee by: Shri Rohan Khare, &
Shri Har Preet Singh, Advocates
Revenue by: Shri F.R. Meena, Sr. DR
Date of Hearing 23.09.2016
Date of Pronouncement 23.09.2016
ORDER
PER R. S. SYAL, AM:
By means of the present stay application, the assessee seeks extension of the stay originally granted by the Tribunal on 18.03.2016 in relation to the assessment year 2011-12.
2 SA No. 455/Del/2016
2. The ld. 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, therefore, prayed that the stay hitherto granted may be extended. The ld. DR opposed the extension of stay.
3. We have heard the parties and perused the relevant material on record. On merits, it is indisputably found that the terms of stay originally granted have been duly complied with. The appeal could not be finally heard for one reason or the other, but, 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. The appeal is now stated to be fixed for hearing on 19.10.2016.
3 SA No. 455/Del/2016
4. In the result, the stay application is allowed.
Order pronounced in the open Court on 23.09.2016.
Sd/- Sd/-
(KULDIP SINGH) (R. S. SYAL)
JUDICIAL MEMBER ACCOUNTANT MEMBER
Dated: 23.09.2016
dk
Copy forwarded to:
1. Appellant
2. Respondent
3. CIT
4. CIT(Appeals)
5. DR: ITAT
ASSISTANT REGISTRAR