M/s Manipal Global Education Services P. Ltd., Bangalore V. Deputy Commissioner of Income Tax, Central Circle-2(2), Bangalore

SA 181/BANG/2018

• Counselvise Citation: [2019] 117 COUNSELVISE.COM (IT) 5990 (ITAT-BANGALORE)
• Duration Of Justice: 11 month(s)
• Appeal Type: Income Tax (Transfer Pricing) Appeal
• Pronouncement Date: 01-05-2019
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: A
• Assessment Year: 2010-2011
• Appeal Filed On: 01-06-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: PADAMCHAND KHINCHA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH : BANGALORE BEFORE SHRI N.V. VASUDEVAN, JUDICIAL MEMBER AND SHRI JASON P. BOAZ , ACCOUNTANT MEMBER S.P. NO.181/BANG/2018 [IN I T (TP) A NO. 236/BANG/2015] ASSESSMENT YEAR : 2010 - 11 M/S. MANIPAL GLOBAL EDUCATION SERVICES P. LTD. NO.14, MANIPAL TOWERS, 4TH FLOOR, AIRPORT ROAD, BENGALURU-560008. PAN: AACCM 6313P VS. THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(2), BENGALURU APPLIC ANT RESPONDENT APP LIC ANT BY : SHRI PADAMCHAND KHINCHA, CA RESPONDENT BY : SHRI DILIP ON BEHALF OF SHRI K.V. ARAVIND, STANDING COUNSEL DATE OF HEARING : 15 .06 .201 8 DATE OF PRONOUNCEMENT : 26 .06.2018 O R D E R PER N.V. VASUDEVAN, JUDICIAL MEMBER THIS IS AN APPLICATION FILED BY THE ASSESSEE PRA YING FOR AN ORDER EXTENDING THE ORDER OF STAY ALREADY GRANTED BY THIS TRIBUNAL. IT IS NOT IN DISPUTE THAT THE TRIBUNAL HAD GRANTED STAY OF RECOV ERY OF OUTSTANDING DEMAND AND SUCH ORDER WAS EXTENDED FROM TIME TO TIM E. THE LAST SUCH ORDER WAS IN OPERATION TILL 31.05.2018. IT IS ALSO NOT IN DISPUTE BEFORE US THAT THE DELAY IN NON-DISPOSAL OF APPEAL IS NOT ATTRIBUT ABLE TO THE ASSESSEE AS STATED IN PARA 9 OF THE STAY PETITION. IN THESE C IRCUMSTANCES, WE EXTEND THE SP NO.181/BANG/2018 PAGE 2 OF 2 ORDER OF STAY FOR A PERIOD OF SIX MONTHS FROM 31.05 .2018, OR TILL THE DISPOSAL OF THE APPEAL, WHICHEVER IS EARLIER. 2. IN THE RESULT, THE STAY PETITION IS ALLOWED. PRONOUNCED IN THE OPEN COURT ON THIS 26 TH DAY OF JUNE, 2018. SD/- SD/- ( JASON P. BOAZ) ( N.V. VASUDEVAN ) ACCOUNTANT MEMBER JU DICIAL MEMBER BANGALORE, DATED, THE 26 TH JUNE, 2018. / D ESAI S MURTHY / COPY TO: 1. APPLICANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE. 6. GUARD FILE BY ORDER SENIOR PRIVATE SECRETARY ITAT, BANGALORE.