2019 (6) TMI 1402

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... . N.V. Balaji, Advocate For the Respondent : Smt. Anita, IRS, JCIT ORDER PER INTURI RAMA RAO, ACCOUNTANT MEMBER The present stay petition is filed by the assessee seeking stay of demand of Rs. 109,75,510/- for the Assessment Year 2009-10. 2. It is submitted that the demand in question had arisen on account of addition of Arms Length Price adjustment of payment of commission to Associated Ent .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... merits. Further, assessee could not make out any case of financial hardship. Therefore, we are of the considered opinion that it is not a fit case for stay of demand. However, we accede to the alternative plea of the petitioner for early hearing, accordingly we direct the Registry to post the appeal for hearing on 17.07.2019 for which no separate notice of hearing is required to be dispatched. 5 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X