RAVI RISHI EDUCATIONAL SOCIETY,HYDERABAD V. DCIT, CENTRAL CIRCLE-2(4), HYDERABAD

SA 44/HYD/2025

AI Insights

The case involves Ravi Rishi Educational Society, which filed stay applications against the collection of outstanding demands for the assessment years 2017-18, 2019-20, and 2020-21, amounting to approximately Rs. 6.07 crore, Rs. 5.41 crore, and Rs. 10.81 crore respectively. The society argued that due to a liquidity crunch, it was unable to pay the required 20% of the disputed demands to qualify for a stay. The tribunal, referencing Section 254(2A) of the Income Tax Act, 1961, emphasized the necessity of this deposit for granting a stay. Despite the rejection of the stay applications, the tribunal expedited the hearing of the related appeals.

• Counselvise Citation: [2026] 140 COUNSELVISE.COM (IT) 826140 (ITAT-HYDERABAD)
• Duration Of Justice: 14 day(s)
• Appeal Type: Stay Application
• Pronouncement Date: 09-01-2026
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Assessment Year: 2020-2021
• Appeal Filed On: 26-12-2025
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Application of stay

Judgement Text

"आयकर अपीलीय न्यायाधिकरण में, हैदराबाद ‘बी’ बेंच, हैदराबाद IN THE INCOME TAX APPELLATE TRIBUNAL Hyderabad “B” Bench, Hyderabad श्री मंजूनाथ जी, माननीय लेखा सदस्य एवं श्री रवीश सूद, माननीय न्याययक सदस्य SHRI G. MANJUNATHA, HON’BLE ACCOUNTANT MEMBER AND SHRI RAVISH SOOD, HON’BLE JUDICIAL MEMBER SA.Nos.42 to 44/Hyd/2025 Arising out of ITA.Nos.1300/Hyd/2025 and 972 & 973/Hyd/2024 (Assessment Years – 2017-18, 2019-20 and 2020-21) Ravi Rishi Educational Society, Hyderabad. PAN : AAAAR1952M Vs. The Deputy Commissioner of Income Tax, Central Circle 2(4), Hyderabad. (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) करदाता का प्रतततितित्व/ Assessee Represented by : Shri P. Murali Mohan Rao, C.A. राजस्व का प्रतततितित्व/ Department Represented by : Shri K. Vinoth Kannan, Sr.A.R. सुिवाई समाप्त होिे की ततति/ Date of Conclusion of Hearing : 09.01.2026 घोषणा की तारीख/ Date of Pronouncement : 09.01.2026 O R D E R PER MANJUNATHA G., A.M : By these stay applications, the assessee seeks for stay of collection of outstanding demands of Rs.84,37,500/-, Rs. 5,41,66,680/- and Rs.10,81,86,100/-, respectively. Printed from counselvise.com 2 S.A.Nos.42 to 44/Hyd/2025 Ravi Rishi Educational Society 2. The learned counsel for the assessee, Shri P. Murali Mohan Rao, referring to the stay applications filed by the assessee submitted that, the assessee is having prima facie case on merits, however, he is not in a position to pay 20% of the disputed demand, because of liquidity crunch. Therefore, he submitted that, the stay may be granted for a period of six months or till the disposal of appeals, whichever is earlier. 3. The Bench reminded the learned counsel for the assessee the provisions of Section 254(2A) of the Income Tax Act, 1961 and directed the counsel for the assessee to ask the assessee to deposit 20% of disputed demand for grant of stay, for which the learned counsel for the assessee stated that, the assessee cannot pay the amount sought for, rather he is willing to argue the appeals, if the appeals are listed for early hearing. We find that, the appeal filed by the assessee in ITA No.1300/Hyd/2025 is listed for hearing on 19.01.2026 and the other three appeals filed by the assessee i.e. ITA Nos.972 to 974/Hyd/2025 are listed for hearing on 28.01.2026. The counsel for the assessee is willing to argue all the appeals on 19.01.2026. . Printed from counselvise.com 3 S.A.Nos.42 to 44/Hyd/2025 Ravi Rishi Educational Society 4. The Ld. Senior A.R. for the Revenue, Shri K. Vinoth Kannan, reported no objection for pre-poning the appeals filed by the assessee from 28.01.2026 to 19.01.2026. 5. We have heard both the parties and perused the stay applications filed by the assessee. Considering the facts and circumstances of the case and also the fact that, the assessee is not willing to comply with the statutory requirement of payment of tax for granting the stay, we reject the stay applications filed by the assessee; however, we grant early hearing in the appeals filed by the assessee in ITA Nos. 972 to 974/Hyd/2025 and post along with ITA No. 1300/Hyd/2025 which was listed for hearing on 19.01.2026. Since, the date of early hearing is announced i.e., 19.01.2026 in the open Court in the presence of both the parties, no separate notices intimating the date of fixations of appeals will be sent. With these observations, the stay applications filed by the assessee are rejected and early hearing is granted. Printed from counselvise.com 4 S.A.Nos.42 to 44/Hyd/2025 Ravi Rishi Educational Society 6. In the result, the stay applications filed by the assessee are rejected in terms of our above observations. Order pronounced in the Open Court on 9th January, 2026. Sd/- (श्री रवीश सूद) (RAVISH SOOD) न्यायिक सदस्य/JUDICIAL MEMBER Sd/- (मंजूनाथ जी) (MANJUNATHA G.) लेखा सदस्य/ACCOUNTANT MEMBER Hyderabad, dated 09.01.2026. TYNM/sps आदेशकी प्रतततिति अग्रेतषत/ Copy of the order forwarded to:- 1. तनर्ााररती/The Assessee : Ravi Rishi Educational Society, C/o. P. Murali & Co., Chartered Accountants, 6-3-655/2/3, Somajiguda, Hyderabad – 500082. 2. राजस्व/ The Revenue : The Deputy Commissioner of Income Tax, Central Circle – 2(4), Hyderabad. 3. The Principal Commissioner of Income Tax (Central) Hyderabad. 4. तवभागीयप्रतततनतर्, आयकर अिीिीय अतर्करण, हैदराबाद / DR, ITAT, Hyderabad 5. गार्ाफ़ाईि / Guard file आदेशानुसार / BY ORDER Sr. Private Secretary ITAT, Hyderabad Printed from counselvise.com "