https://www.taxtmi.com/caselaws?id=254849 The Tribunal granted a full stay on the demand of Rs. 621.18 crores for A.Y. 2009-10. It found a prima-facie case that the TP addition and disallowance u/s 40(a)(i) were unjustified based on previous Tribunal decisions. The Tribunal also granted a stay on the disallowance u/s 14A due to the small amount involved. The assessee was directed not to alienate any immovable assets until the appeal's disposal, with conditions imposed to maintain the stay. en-us Fri, 28 Feb 2014 00:00:00 +0530 Fri, 02 Jan 2015 09:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254849 The Tribunal granted a full stay on the demand of Rs. 621.18 crores for A.Y. 2009-10. It found a prima-facie case that the TP addition and disallowance u/s 40(a)(i) were unjustified based on previous Tribunal decisions. The Tribunal also granted a stay on the disallowance u/s 14A due to the small amount involved. The assessee was directed not to alienate any immovable assets until the appeal's disposal, with conditions imposed to maintain the stay. Case-Laws Income Tax Fri, 28 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254849