https://www.taxtmi.com/caselaws?id=64818 The Tribunal granted stay of the outstanding demand related to the assessment year 2000-01 for the news agency assessee. The stay was subject to the assessee furnishing security to the AO's satisfaction. The Tribunal found a prima facie case in favor of the assessee, considering the interpretation of section 92, potential double taxation, balance of convenience, financial position of the assessee, and the undue hardship that would result from enforcing the demand. The appeal was scheduled for an early hearing, with both parties notified accordingly. en-us Fri, 30 Apr 2004 00:00:00 +0530 Thu, 14 Jun 2012 16:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64818 The Tribunal granted stay of the outstanding demand related to the assessment year 2000-01 for the news agency assessee. The stay was subject to the assessee furnishing security to the AO's satisfaction. The Tribunal found a prima facie case in favor of the assessee, considering the interpretation of section 92, potential double taxation, balance of convenience, financial position of the assessee, and the undue hardship that would result from enforcing the demand. The appeal was scheduled for an early hearing, with both parties notified accordingly. Case-Laws Income Tax Fri, 30 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64818