GIESECKE & DEVRIENT MS INDIA PRIVATE LIMITED,DELHI V. ACIT, OSD, DELHI

SA 42/DEL/2026

AI Insights

The case involves Giesceke & Devrient MS India P. Ltd., the applicant, seeking a stay on the recovery of an outstanding demand for the Assessment Year 2022-23. The dispute centers around the validity of the assessment order, which the assessee contested on the grounds of limitation, referencing a similar issue pending before the Hon'ble Apex Court in the case of CIT vs. M/s. Roca Bathroom Products P. Ltd. The Department sought repeated adjournments, prompting the Tribunal to require an undertaking from the AO to refrain from any coercive recovery actions during the pendency of the appeal.

• Counselvise Citation: [2026] 140 COUNSELVISE.COM (IT) 853977 (ITAT-DELHI)
• Duration Of Justice: 5 month(s) 26 day(s)
• Appeal Type: Stay Application
• Pronouncement Date: 17-07-2026
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: I
• Next Hearing Date: 17-07-2026
• Assessment Year: 2022-2023
• Appeal Filed On: 21-01-2026
• Other Referred Cases: CIT vs. M/s. Roca Bathroom Products P. Ltd. 140 taxmann.com 304 (Mad.)
• Laws Referred To: Income Tax Act
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: MANOJ KUMAR
• Keywords: Validity of assessment; Application of stay
• Section: 2

Judgement Text

"आयकर अपीलीय अधिकरण धिल्ली पीठ “आई”, धिल्ली श्री धिकास अिस्थी, न्याधयक सिस्य एिं श्री मनीष अग्रवाल, लेखाकार सिस्य क े समक्ष IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “I”, DELHI BEFORE SHRI VIKAS AWASTHY, JUDICIAL MEMBER& SHRI MANISH AGARWAL, ACCOUNTANT MEMBER SA No.42/DEL/2026 (Arising out of ITTPA No. 13/Del/2026, A.Y 2022-23) Giesceke & Devrient MS India P. Ltd., 906/907 Damjishami Business Galleria, LBS Marg, Kanjumarg, West Mumbai-400078 PAN: AAGCG-3207-K ...... आवेदक/Applicant बनाम Vs. Assistant Commissioner of Income Tax, OSD .....प्रधििािी/Respondent आवेदक/Applicant by : S/Shri Harpreet Singh Ajmani & Shashvat Dhamija, Advocates प्रधििािीद्वारा/Respondent by: Shri Manoj Kumar, Sr. DR सुनिाई की धिधि/ Date of hearing : 17/07/2026 घोषणा की धिधि/ Date of pronouncement : 17/07/2026 आिेश/ORDER PER VIKAS AWASTHY, JM: This application has been filed by the applicant/assessee seeking stay on recovery of outstanding demand for Assessment Year 2022-23. 2. In one of the grounds raised in appeal, the assessee has assailed validity of assessment order on the ground of limitation. The said issue emanates from the decision rendered in the case of CIT vs. M/s. Roca Bathroom Products P. Ltd. 140 taxmann.com 304 (Mad.). The Department is seeking repeated adjournments in such matters as the said issue is sub-judice before the Hon’ble Apex Court. In the above backdrop, the Tribunal directed the AO to furnish undertaking that no coercive action for recovery of outstanding demand for the impugned assessment Printed from counselvise.com 2 SA No.42/DEL/2026 (A.Y. 2022-23) year shall be taken against the assessee. The ld. DR has placed on record an undertaking given by the AO, the same is reproduced herein below:- Printed from counselvise.com 3 SA No.42/DEL/2026 (A.Y. 2022-23) 4. In light of above undertaking by the AO, the Stay Application of the assessee is disposed of. Order pronounced in the open court on Friday the 17th day of July, 2026. Sd/- Sd/- (MANISH AGARWAL) (VIKAS AWASTHY) लेखाकार सिस्य/ACCOUNTANT MEMBER न्याधयक सिस्य/JUDICIAL MEMBER धिल्ली / Delhi, धिनांक/Dated 17/07/2026 NV/- प्रतितिति अग्रेतििCopy of the Order forwarded to : 1. अपीलािी/The Appellant , 2. प्रधििािी/ The Respondent. 3. The PCIT 4. धिभागीय प्रधिधनधि, आय.अपी.अधि., ददल्ली /DR, ITAT, धिल्ली 5. गार्ड फाइल/Guard file. BY ORDER, //True Copy// (Asstt. Registrar) ITAT, DELHI Printed from counselvise.com "