https://www.taxtmi.com/caselaws?id=283821 The Tribunal denied the petitioner's request for a stay of demand amounting to &8377; 109,75,510 for Assessment Year 2009-10 due to an Arms Length Price adjustment of commission to Associated Enterprises. The Tribunal found no prima facie case in favor of the assessee on merits and noted the absence of evidence of financial hardship. However, the Tribunal granted an early hearing and directed the appeal to be heard without a separate notice on a specified date. The stay petition was ultimately disposed of, with the order pronounced in an open court in Chennai on June 21, 2019. en-us Fri, 21 Jun 2019 00:00:00 +0530 Tue, 15 Oct 2019 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283821 The Tribunal denied the petitioner's request for a stay of demand amounting to &8377; 109,75,510 for Assessment Year 2009-10 due to an Arms Length Price adjustment of commission to Associated Enterprises. The Tribunal found no prima facie case in favor of the assessee on merits and noted the absence of evidence of financial hardship. However, the Tribunal granted an early hearing and directed the appeal to be heard without a separate notice on a specified date. The stay petition was ultimately disposed of, with the order pronounced in an open court in Chennai on June 21, 2019. Case-Laws Income Tax Fri, 21 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283821