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2012 (8) TMI 731 - ITAT MUMBAIStay petition - recovery of outstanding demand – Held that:- DRP passed the directions in its cryptic order of three pages without giving thought to all the objections raised by the assessee - very high pitch addition is made by discarding the comparables given by the assessee and hence, this demand is raised - adjustment made by the TPO and also considered by the DRP in respect of the international transactions with the AEs appears to be without application of mind - assessee made out a prima facie case for grant of the stay - assessee's stay petition is allowed
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