Income Tax tribunal extends stay on Xiaomi India's Rs 10,833 crore tax demand
The Income Tax Appellate Tribunal has extended a significant tax demand stay. This stay now covers approximately ₹10,833.22 crore for Xiaomi Technology India. The tribunal granted this extension for a further 180 days. This period will last until ...
The Bengaluru Bench observed that the delay in hearing the matter was not attributable to the assessee, warranting an extension of the stay.
The tribunal also fixed September 21, 2026, for hearing all pending appeals filed by Xiaomi India, directing that separate notices be issued in each case.
The tax demand pertains to proceedings pending before the ITAT, where Xiaomi India has challenged the assessment. The stay will remain in force for six months or until the appeals are decided, whichever occurs first.
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