ITAT grants stay to Amazon Web Services Inc.

Amazon Web Services Inc. Vs ACIT (ITAT Delhi) Captioned applications have been filed by the assessee seeking stay on recovery of following outstanding demands: i) Assessment year 2014-15 : Rs.190,85,62,430 ii) Assessment year 2016-17 : Rs.358,27,66,285 2. Before us, learned senior counsel appearing for the assessee submitted that the assessee is a Tax Resident of United States of America (USA) and is engaged in the business of providing Cloud Computing Services to customers around the world. He submitted, based on proceedings under Section 201/201(1A) of the Act conducted in case of Snapdeal t...