MONDELEZ INDIA FOODS PRIVATE LIMITED,MUMBAI V. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 7(1)(1), MUMBAI

SA 36/MUM/2026

AI Insights

The case involves Mondelez India Foods Pvt. Ltd., which sought an extension of stay on the recovery of outstanding tax demands for the Assessment Years 2020-21 and 2021-22. The initial stay was granted conditionally by a coordinate Bench, requiring the assessee to deposit a sum of Rs. 5.00 crores, which was complied with. The Tribunal considered the submissions of the learned counsel and the compliance with the initial stay conditions, along with the fact that the circumstances had not changed since the original stay was granted. The corresponding appeals are scheduled for hearing on 09.03.2026.

• Counselvise Citation: [2026] 140 COUNSELVISE.COM (IT) 839982 (ITAT-MUMBAI)
• Duration Of Justice: 3 day(s)
• Appeal Type: Stay Application
• Pronouncement Date: 27-02-2026
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: J
• Assessment Year: 2020-2021
• Appeal Filed On: 24-02-2026
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: BHAGIRATH RAMAWAT
• Assessee Lawyers: HITEN THAKKAR
• Keywords: Application of stay; Extension of stay

Judgement Text

" Page | 1 IN THE INCOME TAX APPELLATE TRIBUNAL “J” BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, V.P. AND SHRI GIRISH AGRAWAL, AM S.A. No. 36 & 37/MUM/2026 [ITA No.4807 and 6530 /Mum/2024] Vs. DCIT 7(1)(1), Mumbai Mondelez India Foods Pvt. Ltd. Mondelez House, Unit No.2001, 20th Floor, Tower-3 (Wing C), One International Centre (Formerly Indiabulls Finance Centre), Parel- Mumbai-400013 DCIT, Circle 7(1)(1,) Mumbai (Appellant) (Respondent) PAN AAACC 0460H Assessee by Shri Hiten Thakkar Revenue by Shri Bhagirath Ramawat Sr. DR Date of hearing 27.02.2026 Date of pronouncement 27.02.2026 O R D E R The Captioned Applications have been filed by the assessee seeking extension of stay on recovery of outstanding demands pertaining to Assessment Years 2020-21 and 2021-22. Printed from counselvise.com Page | 2 2. We have heard the parties and perused the materials on record. Notably, while considering the initial stay applications by the assessee, the coordinate Bench, in order dated 29.08.2025, had granted conditional stay by directing the assessee to deposit a sum at Rs.5.00 crores within a period of 15 days from the date of the order. Undisputedly, the assessee has complied with the direction. We are further informed, the corresponding appeals are now fixed for hearing on 09.03.2026. Learned counsel submitted that hearing for the lead year i.e. A.Y. 2016-17 though had commenced but could not be concluded, which also is fixed on 09.03.2026. 3. Keeping in view the submissions of learned counsel as also the fact that the facts and circumstances based on which the coordinate Bench had granted stay have not changed in the meanwhile, we are inclined to extend the stay for a further period of 180 days from the date of this order or till the disposal of the corresponding appeals, whichever is earlier. 4. In the result, stay applications are allowed in the terms indicated above. Order pronounced in the open court on 27.02.2026. Sd/- Sd/- Sd/- (Girish Agrawal) Sd/- (Saktijit Dey ) (Accountant MEMBER) (VICE PRESIDENT) Mumbai, Dated: 27.02.2026 Aks/- Printed from counselvise.com Page | 3 Copy of the Order forwarded to : The Appellant, The Respondent, The CIT, The DR ITAT & Guard File BY ORDER, True Copy// Sr. Private Secretary/ Asst. Registrar Income Tax Appellate Tribunal, Mumbai Printed from counselvise.com "