CAIRN ENERGY HYDROCARBONS LIMITED,GURGAON V. DCIT, GURGAON

SA 626/DEL/2025

AI Insights

Cairn Energy Hydrocarbons Ltd filed a stay application seeking an extension on the recovery of an outstanding demand for the Assessment Year 2021-22. The original stay was granted on 28.11.2023 and had been extended multiple times, with the last extension expiring on 31.12.2025. The revenue had previously marked the demand as 'Non-Collectible' and agreed not to enforce recovery until the next hearing. The case also involved a pending issue related to DIN before the Supreme Court, which contributed to the decision to extend the stay.

• Counselvise Citation: [2026] 140 COUNSELVISE.COM (IT) 835493 (ITAT-DELHI)
• Duration Of Justice: 1 month(s) 25 day(s)
• Appeal Type: Stay Application
• Pronouncement Date: 11-02-2026
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: D
• Assessment Year: 2021-2022
• Appeal Filed On: 17-12-2025
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: RAJESH KUMAR
• Assessee Lawyers: RAVI SHARMA; KSHITIJ BANSAL
• Keywords: Application of stay; Extension of stay

Judgement Text

"IN THE INCOME TAX APPELLATE TRIBUNAL DELHI “D-FRIDAY” BENCH: NEW DELHI BEFORE SHRI YOGESH KUMAR U.S, JUDICIAL MEMBER & SHRI MANISH AGARWAL, ACCOUNTANT MEMBER S.A.No.626/Del/2025 [In ITA No.3251/Del/2023] [Assessment Year : 2021-22] Cairn Energy Hydrocarbons Ltd, ASF Center, Tower-B, 362-363, Jwala Mill Road, Phase-IV, Udyog Vihar, Gurgaon, Haryana. PAN-AACCC3279J vs DCIT Gurgaon APPELLANT RESPONDENT Assessee by Shri Ravi Sharma, Adv & Shri Kshitij Bansal, CA Revenue by Shri Rajesh Kumar Dhanesta, Sr. DR Date of Hearing 06.02.2026 Date of Pronouncement 11.02.2026 ORDER PER MANISH AGARWAL, AM : This stay application has been filed by the applicant/assessee seeking extension of stay on the recovery of outstanding demand for Assessment Year 2021-22. 2. Heard both the parties. The stay has originally been granted on 28.11.2023 by the order of Tribunal which was extended for a period of 180 days from time to time on 31.05.2024, secondly on 05.12.2024 and lastly on 04.07.2025 which was expired on 31.12.2025. It is relevant to state that revenue has filed an undertaking dt. 01.07.2025 that the outstanding demand has been marked as ‘Non-Collectible’ on ITBA Portal and no recovery shall be forced till the next date of hearing. In the meantime, the hearing in Printed from counselvise.com SA No.626/Del/2025 Page | 2 the case of the assessee is adjourned sine die as it involves the issue of DIN which is pending before the Hon’ble Supreme Court. Since the last extension of the stay granted on 04.07.2025 is expired therefore, the applicant-assessee is seeking further extension of stay. 3. Since the revenue has already filed the undertaking for not collecting the outstanding demand and the issue challenged in appeal involved the issue of DIN which is pending before the Hon’ble Supreme Court thus, in view of these facts, the stay in the case of the assessee originally granted on 20.11.2023 and lastly extended on 04.07.2025 is extended for a further period of 180 days or till the disposal of the appeal, whichever is earlier. 4. With these directions, the present Stay petition filed by the assessee is disposed-off. Order pronounced in the open Court on 11.02.2026. Sd/- Sd/- (YOGESH KUMAR U.S) JUDICIAL MEMBER Date:- 11.02.2026 *Amit Kumar, Sr.P.S* (MANISH AGARWAL) ACCOUNTANT MEMBER Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT 6. Guard File ASSISTANT REGISTRAR ITAT, NEW DELHI Printed from counselvise.com "