https://www.taxtmi.com/caselaws?id=379952 Conditional interim protection against recovery may be granted in a stay application where the demand is disputed in appeal and the Revenue's interest is secured by reasonable terms. The Tribunal considered the revised CBDT stay guidelines, the nature of the additions under sections 201(1) and 201(1A), amounts already recovered or deposited, and the absence of any cash flow statement showing hardship. It also noted that the underlying dispute concerned whether discounts to prepaid distributors fell within section 194H. Stay of demand was granted subject to payment of Rs. 60,00,000, with the appeals listed for early hearing and the stay operating for six months or until disposal of the appeals, whichever was earlier. en-us Fri, 03 May 2019 00:00:00 +0530 Fri, 10 May 2019 07:58:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379952 Conditional interim protection against recovery may be granted in a stay application where the demand is disputed in appeal and the Revenue's interest is secured by reasonable terms. The Tribunal considered the revised CBDT stay guidelines, the nature of the additions under sections 201(1) and 201(1A), amounts already recovered or deposited, and the absence of any cash flow statement showing hardship. It also noted that the underlying dispute concerned whether discounts to prepaid distributors fell within section 194H. Stay of demand was granted subject to payment of Rs. 60,00,000, with the appeals listed for early hearing and the stay operating for six months or until disposal of the appeals, whichever was earlier. Case-Laws Income Tax Fri, 03 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379952