https://www.taxtmi.com/caselaws?id=243770 The Tribunal granted a stay of the outstanding demand of Rs. 61,91,39,940/- pending appeal before the ITAT, Jaipur Bench. The assessee was directed to pay Rs. 5 crores in two installments, with the remaining demand stayed for 180 days or until appeal disposal. The Tribunal found the assessee had a prima facie good case for deletion of adjustments related to AMP expenses and inventories written off. The disallowance of restructuring expenses was challenged successfully, and the adjustment for deemed interest on delays in collection from Associated Enterprises was likely to be deleted based on strong arguments presented by the assessee. en-us Thu, 30 Jan 2014 00:00:00 +0530 Mon, 10 Feb 2014 07:54:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243770 The Tribunal granted a stay of the outstanding demand of Rs. 61,91,39,940/- pending appeal before the ITAT, Jaipur Bench. The assessee was directed to pay Rs. 5 crores in two installments, with the remaining demand stayed for 180 days or until appeal disposal. The Tribunal found the assessee had a prima facie good case for deletion of adjustments related to AMP expenses and inventories written off. The disallowance of restructuring expenses was challenged successfully, and the adjustment for deemed interest on delays in collection from Associated Enterprises was likely to be deleted based on strong arguments presented by the assessee. Case-Laws Income Tax Thu, 30 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243770