ITAT Grants Conditional Partial Stay on BMW India’s Tax Demand

BMW India Pvt. Ltd Vs DCIT (ITAT Delhi) Income Tax Appellate Tribunal (ITAT), Delhi Bench, has granted a conditional stay on the recovery of an outstanding tax demand of Rs. 11,31,66,287/- against BMW India Private Limited for the assessment year 2016-17. The decision, pronounced on April 4, 2025, requires the luxury automobile manufacturer to cooperate in the speedy disposal of its main appeal. BMW India had approached the ITAT seeking a stay on the recovery of the demand, which arose from an assessment order dated March 30, 2021, passed by the Assessing Officer (AO) under Section 143(3) read...