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2010 (11) TMI 625 - ITAT, MUMBAIDTAA between U.S.A. and India - Application of stay - Demand - Arm length price - there are no hard and fast rules regarding grant of stay, but prudence, discretion and circumspection are called for and that stay should not be granted as a matter of course - since the assessee has prima-facie arguable case, it would be in the interest of justice to stay the demand raised by the Revenue subject to condition specified in this order and deposit of 25% of the total outstanding - Decided in favour of the assessee
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