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2016 (3) TMI 1208 - AT - Income TaxStay of demand - Income attributed in India - period of sty in India - Held that:- Assessing Officer has assessed the income of ₹ 20 crore (appx), i.e., about 10 times to the returned income, violating CBDT Instruction No.96 dated August 21, 1969, therefore requisite demand is required to be stayed and also law settled in Soul v. DCIT [2008 (8) TMI 502 - DELHI HIGH COURT] as refereed.
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