Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« From the Courts »
Open DEMAT Account in 24 hrs
 Income Tax Addition Made Towards Unsubstantiated Share Capital Is Eligible For Section 80-IC Deduction: Delhi High Court

M/s Sony India Private Limited A-31 , Mohan Cooperative Industrial Estate New Delhi -44 vs. The Deputy Commissioner of Income tax , Circle 24 (1), New Delhi
November, 13th 2018
                      INCOME TAX APPELLATE TRIBUNAL
                             DELHI BENCH "I-2"
                                 NEW DELHI
                 BEFORE SHRI H. S. SIDHU, JUDICIAL MEMBER
                                     AND
              SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER


                                 S P No. 661/del/2018
                                ITA No. 1026/Del/2015
                              (Assessment Year: 2010-11)
        M/s Sony India Private Limited      Vs. The Deputy Commissioner of
      A-31 , Mohan Cooperative Industrial          Income tax ,
                       Estate                       Circle 24 (1),
               New Delhi -44                        New Delhi

              PAN: AABCS1571Q
                   (Appellant)                                  (Respondent)



                   Assessee by :                       Shri Saneep Karhail , Adv
                   Revenue by:                        Shri H K Chaudhary CIT DR
                 Date of Hearing                              12/11/2018
              Date of pronouncement                           12/11/2018


                                        ORDER

PER PRASHANT MAHARISHI, A. M.



01   This is a petition filed on 18/9/2018 by the assessee seeking for extension of stay of
     outstanding demand of Rs. 175.26 Crores granted by this Tribunal vide order dated
     22/06/2018 in SP No. 455/Del/2018 arising out of           ITA 1026/Del/2015 for the
     assessment year 2010-11 .

02   It was submitted by the learned AR of the assessee that the stay granted by this Tribunal
     is valid up to 23rd /09/2018 and appeals filed by the assessee-company before this
     Tribunal was heard on 27/08/2018 and the orders are awaited. It is therefore, requested
     for extension of stay.






                                            1
03       We heard rival submissions and perused the material on record. Since the appeal was
         already heard by the Bench we are of the considered opinion that it is a fit case to extend
         the stay of demand for 180 days or till disposal of the appeal, whichever is earlier.

04       In the result, the stay petition filed by the assessee is allowed.









 Sd/-                                                                                 Sd/-
(H. S. SIDHU)                                                           (PRASHANT MAHARISHI)
JUDICIAL MEMBER                                                  ACCOUNTANT MEMBER


Dated:     12 /11 /2018
Copy forwarded to

     1. Applicant
     2. Respondent
     3. CIT
     4. CIT (A)
     5. DR:ITAT
                                                                          ASSISTANT REGISTRAR
                                                                              ITAT, New Delhi




                                                   2
Date of dictation
Date on which the typed draft is placed before the dictating member
Date on which the typed draft is placed before the other member
Date on which the approved draft comes to the Sr. PS/ PS
Date on which the fair order is placed before the dictating member
       for pronouncement
Date on which the fair order comes back to the Sr. PS/ PS
Date on which the final order is uploaded on the website of ITAT      12.11.2018
date on which the file goes to the Bench Clerk
Date on which the file goes to the Head Clerk
The date on which the file goes to the Assistant Registrar for
       signature on the order
Date of dispatch of the order




                                        3

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting