ITAT grants 3 months stay extension to Google subject to Rs. 175 cr. payment

Dec 13,2017

Bengaluru ITAT directs Google India (‘assessee’) to deposit  Rs. 175 crores on or before December 15th in respect of the four AYs 2009-10 to 2012-13 and maintain further 20% of the total tax demand (Rs.182 Cr.) as balance in its bank account;  Rules that for granting stay to assessee, payment of 55% of disputed demand and retaining balance of another 20% of disputed demand in assessee’s bank account is just & proper condition in view of jurisdi...

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