Extension of Stay of Demand Allowed if Delay in Not Disposing of Appeal is Not Attributable to Assessee

United Spirits Ltd. Vs JCIT (ITAT Bangalore) The issue under consideration is whether the second extension of stay of demand against ITAT appeal will be allowed to the assessee? ITAT states that, the delay in not disposing of the appeal is not attributable to the assessee. There is no change in the facts and circumstances since the date of granting last stay. Accordingly, they are of the view that the balance of convenience is in favour of the assessee in extending the stay, even though this is second extension. Accordingly, ITAT are of the view that petition of the assessee seeking extension ...