AI Insights
The case involves The Indian Hotels Company Limited, which filed stay applications concerning the recovery of outstanding demands for several assessment years ranging from 2005-06 to 2008-09. The Tribunal had previously granted and extended stays based on the unchanged factual circumstances. The appeals related to these demands are scheduled for a hearing on 18.02.2026. The Tribunal, considering the consistent factual position and the upcoming hearing date, decided to extend the stay for an additional 180 days or until the appeals are resolved, emphasizing the need for both parties to proceed without further delays.
Appeal Details
Counselvise Citation
[2026] 140 COUNSELVISE.COM (IT) 834205 (ITAT-MUMBAI)
Assessee PAN
Bench
Appeal Number
CRN Number
Duration Of Justice
4 day(s)
Appellant
Respondent
Appeal Type
Stay Application
Pronouncement Date
06-02-2026
Appeal Filed By
Assessee
Order Result
Allowed
Bench Allotted
H
Assessment Year
2016-2017
Appeal Filed On
02-02-2026
Judgement Text
" IN THE INCOME TAX APPELLATE TRIBUNAL “H” BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, VP AND AND SHRI MAKARAND VASANT MAHADEOKAR, AM SA No. Arising out of ITA No. Assessment Year 20/Mum/2026 565/Mum/2017 2012-13 21/Mum/2026 7454/Mum/2018 2014-15 22/Mum/2026 1250/Mum/2021 2016-17 23/Mum/2026 1123/Mum/2022 2017-18 24/Mum/2026 2290/Mum/2022 2018-19 25/Mum/2026 896/Mum/2023 2019-20 The Indian Hotels Company Limited, Ninth Floor, Express Towers, Barister Rajni Patel Marg, Nariman Point, Mumbai – 400021 Vs. Asst. CIT – 2(3)(1) Mumbai PAN/GIR No. AAACT 3957G (Applicant) : (Respondent) Applicant by : Shri Ketan Ved Respondent by : Shri Pravin Salukhe, SR. DR Date of Hearing : 06.02.2026 Date of Pronouncement : 06.02.2026 O R D E R Captioned applications have been filed by the assessee seeking stay on recovery of outstanding demands pertaining to Assessment Years (A.Ys.) 2005-06 to 2008-09. 2. We have considered rival submissions and perused the materials on record. It is observed, while considering the initial stay applications filed by the assessee, the Tribunal had granted stay. Subsequently, stay granted has been extended from time Printed from counselvise.com 2 SA Nos. 20 to 25/Mum/2026 The Indian Hotels Company Ltd. to time and the last order extending stay was passed on 08.08.2025. Learned counsel further informed, appeals are now posted for hearing on 18.02.2026. There being no material change in the factual position, based on which, stay was granted to the assessee and extended from time to time, 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 appeal, whichever is earlier. We direct the parties to make earnest endeavor to argue the appeals on merit on the date fixed without taking any adjournment. 3. In the result, the stay petitions are allowed. Order pronounced in the open court on 06.02.2026 Sd/- Sd/- (Makarand Vasant Mahadeokar) (Saktijit Dey) Accountant Member Vice President Mumbai; Dated : 06.02.2026 Aks/- Copy of the Order forwarded to : 1. The Appellant 2. The Respondent 3. CIT - concerned 4. DR, ITAT, Mumbai 5. Guard File BY ORDER, (Dy./Asstt. Registrar) ITAT, Mumbai Printed from counselvise.com "
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