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2017 (10) TMI 1007

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..... es For the Respondent : Mr. Asheesh Jain, Senior Standing Counsel for the Income Tax Department ORDER 1. The challenge in the present writ petition by the Petitioner Assessee is to an order dated 10th October 2017 passed by the Income Tax Appellate Tribunal ('ITAT'), whereby the stay earlier granted by the ITAT by an order dated 4th August 2017 for a period of 6 months during the pendency of th .....

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..... s and perused the relevant material on record. It is indisputably found that the terms of stay have been duly compiled with. The appeal could not be finally heard for one reason or the other, but for no fault of the assessee. Considering the entirety of the facts and circumstances of the instant case, we are inclined to grant extension of stay for a further period of six months from today or till .....

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..... Given the above background when as recently as on 4th August 2017, the ITAT thought it fit to extend the stay "for a further period of six months from today or till the disposal of the appeal, whichever is earlier", the appeal not having been being disposed of, the ITAT was under no compulsion to immediately vacate the stay only because a request for an adjournment by one day was made by the AR o .....

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