GIESECKE & DEVRIENT (INDIA) PVT. LTD.,GURGAON V. JCIT, SPECIAL RANGE- 4, NEW DELHI

SA 570/DEL/2025

AI Insights

The case involves M/s. Giesecke & Devrient (India) P. Ltd., the applicant, who sought an extension of stay on the recovery of an outstanding demand for the assessment year 2014-15. The initial stay was granted by the Tribunal in 2019 and had been extended multiple times due to adjournments awaiting decisions on related cases. The Tribunal recognized that the delays in hearing the appeal were not caused by the applicant, leading to the decision to extend the stay on recovery of the outstanding demand.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 783382 (ITAT-DELHI)
• Duration Of Justice: 8 day(s)
• Appeal Type: Stay Application
• Pronouncement Date: 07-11-2025
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: I
• Assessment Year: 2014-2015
• Appeal Filed On: 29-10-2025
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: RAJESH KUMAR DHANESTA
• Keywords: Application of stay; Extension of stay
• Section: 2

Judgement Text

" आयकर अपीलीय अिधकरण िदʟी पीठ “आई”, िदʟी ŵी िवकास अव̾थी, Ɋाियक सद˟ एवं ŵी मनीष अŤवाल, लेखाकार सद˟ क े समƗ IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “I”, DELHI BEFORE SHRI VIKAS AWASTHY, JUDICIAL MEMBER & SHRI MANISH AGARWAL, ACCOUNTANT MEMBER SA No. 570/Del/2025 (Arising out of ITA No.6840/Del/2018, A.Y 2014-15) M/s. Giesecke & Devrient (India) P. Ltd., Plot No. 2, EHTP, Sector 34, Gurugram, Haryana 122001 PAN: AABCG-4223-D ...... आवेदक/Applicant बनाम Vs. Joint Commissioner of Income Tax, Range-4, R.No. 414, CR Building, New Delhi ..... ᮧितवादी/Respondent आवेदक/Applicant : Shri Harpreet Singh Ajmani & Ms. Ashmita Sharma, Advocates ŮितवादीȪारा/Respondent by : Shri Rajesh Kumar Dhanesta, Sr. DR सुनवाई कᳱ ितिथ/ Date of hearing : 07/11/2025 घोषणा कᳱ ितिथ/ Date of pronouncement : 07/11/2025 आदेश/ORDER PER VIKAS AWASTHY, JM: This application has been filed by the assessee seeking extension of stay on recovery of outstanding demand for assessment year 2014-15. 2. Shri H.S. Ajmani, appearing on behalf of the assessee submits that the stay on recovery of outstanding demand for AY 2014-15 was granted to the assessee by Tribunal in SA No. 810/Del/2018 vide order dated 08.02.2019. Since, appeal was being adjourned from time to time the Tribunal extended the benefit of stay to the assessee. The stay on recovery of outstanding demand for impugned assessment year was last extended by the Tribunal vide order dated 25.04.2025 in SA No.252/Del/2024. After the Printed from counselvise.com 2 SA No.570/DEL/2025 extension of last stay, appeal was listed for hearing on 24.06.2025 and thereafter on 04.07.2025. On both dates the appeal was adjourned for similar reasons i.e. to await the decision of Tribunal in ITA No.935/Del/2017 for AY 2012-13 in assessee’s own case for preceding assessment year. Thereafter, the appeal was adjourned to 17.07.2025 and 06.11.2025 on request of the department and by the Bench, respectively. Thus, the delay in disposal of appeal is not attributable to the assessee/appellant. The appeal for impugned assessment year is now listed for hearing on 18.12.2025. 3. Shri Rajesh Kumar Dhanesta, representing the department fairly stated that the delay in hearing of appeal is not attributable to the assessee. 4. Both sides heard. Considering the admitted position, the stay on recovery of outstanding demand for impugned assessment years is further extended for a period of 180 days from the date of this order or till the disposal of appeal, whichever is earlier. 5. In the result, Stay Application of the assessee is allowed. Order pronounced in the open court on Friday the 07th day of November, 2025. Sd/- Sd/- (MANISH AGARWAL) (VIKAS AWASTHY) लेखाकार सद˟/ACCOUNTANT MEMBER Ɋाियक सद˟/JUDICIAL MEMBER िदʟी / Delhi, ᳰदनांक/Dated 07/11/2025 NV/- ᮧितिलिप अᮕेिषतCopy of the Order forwarded to : 1. अपीलाथᱮ/The Appellant , 2. ᮧितवादी/ The Respondent. 3. The PCIT/CIT(A) 4. िवभागीय ᮧितिनिध, आय.अपी.अिध., िदʟी /DR, ITAT, िदʟी 5. गाडᭅ फाइल/Guard file. Printed from counselvise.com 3 SA No.570/DEL/2025 BY ORDER, //True Copy// (Asstt. Registrar) ITAT, DELHI Printed from counselvise.com "