https://www.taxtmi.com/caselaws?id=240461 Transfer pricing on project and EPC services was held unsustainable on an entity-level margin where the assessee's man-hour based segmental accounts were not validly rejected and, in any event, the AE margin fell within the statutory tolerance band; the adjustment was deleted. On the corporate guarantee issue, the assessee failed to rebut the bank-based material relied on by the TPO or to show that the rate charged was at arm's length, and the addition was sustained. The remaining grounds were treated as infructuous or not pressed. en-us Wed, 28 Aug 2013 00:00:00 +0530 Thu, 26 Mar 2015 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240461 Transfer pricing on project and EPC services was held unsustainable on an entity-level margin where the assessee's man-hour based segmental accounts were not validly rejected and, in any event, the AE margin fell within the statutory tolerance band; the adjustment was deleted. On the corporate guarantee issue, the assessee failed to rebut the bank-based material relied on by the TPO or to show that the rate charged was at arm's length, and the addition was sustained. The remaining grounds were treated as infructuous or not pressed. Case-Laws Income Tax Wed, 28 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240461