ITAT extends Stay of demand as Delay was Not Attributable to Assessee

Infosys Ltd. Vs The ACIT (ITAT Bangalore) The issue under consideration is whether the stay application seeking an extension of the stay approve by the Tribunal? In the present case, the assessee submitted that the appeal had been fixed for hearing on January 20, 2020, when the earlier stay order was passed. Thereafter, the case was fixed on 18th March 2020, and 9th June 2020. On all the three occasions, the Revenue sought an adjournment and hence the appeal has now been posted for hearing on September 24, 2020. ITAT stated that there is no change in the facts and circumstances of the case and...