https://www.taxtmi.com/caselaws?id=369300 The Tribunal granted a stay on the outstanding demand for the assessment year 2001-02, amounting to Rs. 24,93,590, until the disposal of the main appeal challenging the findings of Fixed Place PE and Agency PE in India. The penalty of Rs. 24,93,590 imposed by the AO was stayed by the Tribunal following the admission of a substantial question of law by the High Court, emphasizing that penalties should not be levied on debatable matters. en-us Tue, 23 Oct 2018 00:00:00 +0530 Wed, 24 Oct 2018 09:15:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369300 The Tribunal granted a stay on the outstanding demand for the assessment year 2001-02, amounting to Rs. 24,93,590, until the disposal of the main appeal challenging the findings of Fixed Place PE and Agency PE in India. The penalty of Rs. 24,93,590 imposed by the AO was stayed by the Tribunal following the admission of a substantial question of law by the High Court, emphasizing that penalties should not be levied on debatable matters. Case-Laws Income Tax Tue, 23 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369300