<span style="color: #222222;">A division bench of the Income Tax Appellate Tribunal, ITAT led by the Tribunal's President Justice P.P. Bhatt has through web based video conferencing platform, heard and disposed of an urgent stay petition today. </span><br />'' <br />'' <span style="color: #222222;">This is a first in the 79-year-old history of the Tribunal. The petition was heard by a two member bench of the ITAT Mumbai, comprising Justice Bhatt and Vice President, ITAT, Pramod Kumar, through video conferencing from their home offices since closure of the ITAT due to the COVID-19 lockdown.</span><br />'' <br />'' <span style="color: #222222;">The appellate, Solapur based Pandhes Infracon Private Limited had sought an extremely urgent hearing of its stay petition on a notice of recovery of 2.91 crore rupees dues by Income Tax, Mumbai office for Assessment Year 2010-11. The Company had earlier moved the Bombay High Court, but were directed to approach the ITAT first.</span><br />'' <br />'' <span style="color: #222222;">Granting the stay, the ITAT bench suspended all notices issued by the revenue authorities on the bankers and debtors of the Company. The Departmental representative, who was present during the course of hearing, was directed by the bench to inform the stay order to the Assessing Officer or Field Officer. The bench meanwhile directed the Company's related appeal for hearing on out of turn basis will be taken up on 8th June this year.</span><br />'' <br />'' <span style="color: #222222;">The ITAT benches based in 27 locations are equipped to hold similar hearings through video conferencing on petitions made by assesses or revenue department on urgent matters as and when exigencies arise.</span><br />''