Stay No. 588/D/2019
(In ITA 1417/D/2016)




                   IN THE INCOME TAX APPELLATE TRIBUNAL
                         DELHI BENCH `I-1' NEW DELHI

          BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER
                             AND
            SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER
                             Stay No.588/Del/2019
                          (In ITA No.l417/Del/2016)
                          ASSESSMENT YEAR: 2011-12
Jindal Steel & Power Ltd., vs    ACIT, Circle 1(1),
Delhi Road, Hisar                Gurgaon
Haryana                          Haryana
(PAN : AAACJ7097D)
(APPLICANT)                     (RESPONDENT)
    Assessee by : Shri Salil Kapoor, Advocate
                  Mrs. Ananya Kapoor, Advocate
 Department by : Ms Naina S. Kapil, Senior DR
                       Date of Hearing : 17.05.2019
                       Date of Order : 17.05.2018

                           ORDER

PER SUDHANSHU SRIVASTAVA, J.M.
       The applicant, M/s Jindal Steel & Power Ltd., Hisar

(hereinafter referred to as `the assessee'), by moving the present

application under Rule 35A of ITAT Rules, 1963, has sought to

extend the operation of stay order dated 07.06.2016, vide which

the demand of Rs. 130,88,84,220/- raised by the revenue was

stayed as per the directions mentioned therein, on the ground

that the delay in the disposal of the appeal filed by the assessee is

not attributable to the assessee.









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Stay No. 588/D/2019
(In ITA 1417/D/2016)




2.        Keeping in view the averments made in the application

under consideration, which get duly corroborated from the order

sheet entries recorded by the Bench and not having been

controverted by the Ld. DR, the delay in disposal of appeal is not

attributable to the applicant, in any manner whatsoever, we are

of the opinion that the application under consideration is liable

to succeed. Consequently, the stay order dated 07.06.2016

(supra), thereafter extended vide orders dated 02.12.2016,

26.05.2017, 17.11.2017, 18.05.2018 and 16.11.2018 is ordered

to be further extended for six months or till the appeal is

disposed of whichever is earlier subject to the rider that the

assessee shall not delay the disposal of appeal in any manner

whatsoever failing which the stay granted shall be vacated.






3. The stay application stands allowed.

 Order pronounced in the open court on 17.05.2019.

            Sd/-                               Sd/-

  (R.K. PANDA)                   (SUDHANSHU SRIVASTAVA)
 ACCOUNTANT MEMBER                   JUDICIAL MEMBER


Dated: 17th MAY, 2019
`GS'




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Stay No. 588/D/2019
(In ITA 1417/D/2016)



Copy forwarded to: -

        1)      Appellant
        2)      Respondent
        3)      CIT(A)
        4)      CIT
        5)      DR
                       By Order
                                      ASSTT. REGISTRAR




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