2014 (3) TMI 1021

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....e its application,dated 19.02.2014,assessee-company has requested for granting stay of the outstanding demand of Rs. 189.62 Crores.In the application it was submitted that Assessing Officer (AO) had made a reference to Transfer Pricing Officer (TPO) u/s. 92C of the Act for determining Arms Length Price (ALP) of the International Transactions undertaken by the assessee,that theTPO passed an order o....

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....lity would cause undue financial hardship to the assessee. 2.During the course of hearing before us,Authorised Representative(AR) submitted that if appeal effective was given to the earlier orders, assessee was entitled to get refund of more than Rs. 105 Crores, that most of the issues in appeal were covered in favour of the assessee by the orders for the earlier years,that AO should be directed ....