2026 (9) TMI 682

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.... T. Suryanarayana, Sr. Advocate, A.R. For the Respondent : Shri Sandeep Kumar H.S, Addl.CIT-DR ORDER PER KESHAV DUBEY, JUDICIAL MEMBER: The present stay application SA No.137/Bang/2026 filed by M/s. Volvo CE India Private Limited, Bengaluru (the assessee/applicant) u/s 253(7) r.w.s. 254 (2A) of the Income Tax Act, 1961 (in short "The Act") for the assessment year 2021-22 in IT(TP)A No.....

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....(ii) 180 days from the date of the stay order or (iii) disposal of the appeal, whichever is earlier. It was also subject to the condition that the assessee shall furnish a bank guarantee to the satisfaction of the AO of Rs. 6 Crores which is being 20% of the above outstanding demand. 3. The ld. Counsel for the assessee submitted that the delay in disposal of the appeal is not on account of the ....

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.....2025 as well as 30.01.2026 along with MA No.10/Bang/2026 dated 17.04.2026. On going through the details submitted by the assessee, we take a note of the fact that non-disposal of the appeal is not attributable to the assessee. The ld. D.R. also could not point out that the delay in disposal of appeal is on account of the assessee. We also take note of the fact that the assessee's case for the ass....