GOODYEAR INDIA LIMITED,HARYANA V. ASSESSMENT UNIT, INCOME TAX DEPARTMENT, ACIT(OSD) CIRCLE 10(1) NEW DELHI, DELHI

SA 196/DEL/2025

AI Insights

The case involves Goodyear India Ltd., the applicant, seeking an extension of stay on a tax demand from the Income Tax Department, represented by the respondent. The original stay was granted in a previous application (SA No. 336/DEL/2024) and was set to expire on 24.03.2025. The tribunal noted that the delay in the disposal of the appeal was not attributable to the assessee, as the hearing was adjourned at the request of the Department. The tribunal decided to extend the stay, considering the circumstances and the ongoing legal proceedings.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 312117 (ITAT-DELHI)
• Appeal Type: Stay Application
• Pronouncement Date: 02-05-2025
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: H
• Assessment Year: 2020-2021
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: HARPREET KAUR HANSRA
• Assessee Lawyers: RAMIT KATYAL
• Keywords: Application of stay; Extension of stay
• Section: 2

Judgement Text

"IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI ‘H’ BENCH, NEW DELHI BEFORE SHRI CHALLA NAGENDRA PRASAD, JUDICIAL MEMBER, AND SHRI NAVEEN CHANDRA, ACCOUNTANT MEMBER SA No. 196/DEL/2025 [A/o ITA No. 3832/DEL/2024 [A.Y 2020-21) Goodyear India Ltd Vs. The Assessment Unit Mathura Road Income-tax Department Ballabhgarh, Faridabad ACIT [OSD] Circle -10 (1) Haryana New Delhi PAN: AAACG 3511 H (Applicant) (Respondent) Assessee By : Shri Ramit Katyal, CA Ms. Richa, CA Department By : Ms. Harpreet Kaur Hansra, Sr. DR Date of Hearing : 02.05.2025 Date of Pronouncement : .05.2025 ORDER PER NAVEEN CHANDRA, ACCOUNTANT MEMBER:- This Stay Petition by the assessee is directed towards the stay of demand amounting to Rs. 46,39,93,480/- for Assessment Year 2020-21. 2 SA No. 196/DEL/2025 Goodyear India [A.Y 2020-21] 2. At the very outset, the ld. counsel for the assessee drew our attention to SA No. 336/DEL/2024 which was disposed off by this Tribunal vide order dated 27.09.2024 and pointed out that this Tribunal has already granted stay and the present application is only for extension of stay. 3. The ld. counsel for the assessee submitted that the quantum appeal was initially fixed for hearing on 15.01.2025 and on the request of the Revenue, the appeal was adjournment and the stay granted is expiring on 24.03.2025. The assessee submitted that the delay in disposal of the appeal is not attributable to the assessee and requested for extension of the stay already granted. 4. We have carefully perused the order of this Tribunal [supra] by which stay was granted. We find that on 15.01.2025, which was the date of hearing of the appeal, the appeal was adjourned at the request of the ld. DR to 20.05.2025. 6. On the given facts, we extend the stay already granted for the outstanding demand for a period of six months or till the disposal of the 3 SA No. 196/DEL/2025 Goodyear India [A.Y 2020-21] appeal, whichever expires earlier, subject to the same terms as has been mentioned in earlier order of the co-ordinate bench while granting stay. 7. The appeal is already listed for hearing on 20.05.2025 which is in the knowledge of both the parties. Hence, no notice is required. 8. In the result, the Stay Application of the assessee in SA No. 196/DEL/2025 is disposed of as indicated above. Extension of stay allowed. The order is pronounced in the open court on 02.05.2025. Sd/- Sd/- [CHALLA NAGENDRA PRASAD] [NAVEEN CHANDRA] JUDICIAL MEMBER ACCOUNTANT MEMBER Dated: 02nd MAY, 2025. VL/ Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(A) 5. DR 4 SA No. 196/DEL/2025 Goodyear India [A.Y 2020-21] Asst. Registrar, ITAT, New Delhi Sl No. PARTICULARS DATES 1. Date of dictation of Tribunal Order . 2. Date on which the typed draft Tribunal Order is placed before the Dictation Member 3. Date on which the typed draft Tribunal Order is placed before the other Member 4. Date on which the approved draft Tribunal Order comes to the Sr. P.S./P.S. 5. Date on which the fair Tribunal Order is placed before the Dictating Member for pronouncement 6. Date on which the signed order comes back to the Sr. P.S./P.S 7. Date on which the final Tribunal Order is uploaded by the Sr. P.S./P.S. on official website 8. Date on which the file goes to the Bench Clerk alongwith Tribunal Order 9. Date of killing off the disposed of files on the judiSIS portal of ITAT by the Bench Clerks 10. Date on which the file goes to the Supervisor (Judicial) 11. The date on which the file goes for xerox 12. The date on which the file goes for endorsement 13. The date on which the file goes to the Superintendent for checking 14. The date on which the file goes to the Assistant Registrar for signature on the Tribunal order 15. Date on which the file goes to the dispatch section 16. Date of Dispatch of the Order "