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M/s. Google India Private Limited, Bangalore Vs The Joint Commissioner Of Income Tax, Special Range-3, Bangalore

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Court :
ITAT Bangalore

Brief :
By this Stay Petition, the assessee is seeking to stay the recovery of outstanding tax arrears of Rs.1260,56,49,209.

Citation :
SP No.206/Bang/2020

IN THE INCOME TAX APPELLATE TRIBUNAL
BANGALORE BENCHES “C”, BANGALORE

Before Shri George George K, JM & Shri B.R.Baskaran, AM
SP No.206/Bang/2020 : Asst.Year 2015-2016

M/s.Google India Private Limited
No.3,RMZ Infinity Towar – E
4th Floor, Old Madras Road
Bengaluru – 560 016.
PAN : AACCG0527D.
(Applicant) 

vs.

The Joint Commissioner of
Income-tax, Special Range 3
Bengaluru.
(Respondent)

Applicant by : Sri.Deepak Chopra, Sri.Anmol Anand &
Ms.Priya Tandon, Advocates
Respondent by : Smt.R.Premi, JCIT-DR

Date of Hearing : 11.12.2020
Date of Pronouncement : 11.12.2020

O R D E R

Per George George K, JM

By this Stay Petition, the assessee is seeking to stay the recovery of outstanding tax arrears of Rs.1260,56,49,209.

2. Originally the stay was granted vide the order dated20.11.2019 of the Tribunal in SP No.293/Bang/2019, for a period of six months. As per the original stay order of the Tribunal, the assessee was directed to pay Rs.15 crore towardsthe outstanding tax demand within a period of one month fromthe date of receipt of the order. The assessee had complied with the conditions mentioned by the Tribunal for the grant of stay.Later, the stay against recovery of outstanding tax arrears wasextended vide order dated 11.09.2020 in SP No.129/Bang/2020. By the second order of stay, the recovery of outstandingdemand was stayed for a period of six months from 05.06.2020 or till the disposal of the appeal whichever is earlier. The appeal was posted for hearing on 08.10.2020, however, the same was adjourned by the Bench to 05.01.2021 to wait the outcome ofthe preceding year pending adjudication before the Hon’ble High Court of Karnataka.

To know more in details find the attachment file
 

 

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on 15 December 2020
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