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Dimension Data Asia Pacific Pte Ltd vs. DCIT (ITAT Mumbai)

COURT:
CORAM: ,
SECTION(S): , , ,
GENRE:
CATCH WORDS:
COUNSEL:
DATE: March 8, 2016 (Date of pronouncement)
DATE: April 5, 2016 (Date of publication)
AY: 2011-12
FILE: Click here to download the file in pdf format
CITATION:
100% stay of demand has to be granted in high pitched assessments as per Instruction No. 96 of 1969

The Tribunal granted 100 percent stay of demand because:

a) The assessed income was more than 10 times the returned income. (Instruction 96 of 1969 was relied upon)

b) The stand taken by the AO was at variance with the stand taken by TPO.

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