https://www.taxtmi.com/caselaws?id=171022 The Tribunal partially allowed the appeal for statistical purposes. It directed the Transfer Pricing Officer to consider an arm's length price for the loan interest income at LIBOR plus 200 basis points, resulting in the deletion of the addition. The matter of disallowance under section 40A(2)(b) was restored to the Assessing Officer for fresh consideration. Regarding the disallowance of deduction for donations under section 80G, the Tribunal instructed the Assessing Officer to review the documentary evidence submitted by the assessee to support the claim and requested necessary details to be provided. en-us Fri, 05 Dec 2014 00:00:00 +0530 Wed, 18 Feb 2015 12:54:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171022 The Tribunal partially allowed the appeal for statistical purposes. It directed the Transfer Pricing Officer to consider an arm's length price for the loan interest income at LIBOR plus 200 basis points, resulting in the deletion of the addition. The matter of disallowance under section 40A(2)(b) was restored to the Assessing Officer for fresh consideration. Regarding the disallowance of deduction for donations under section 80G, the Tribunal instructed the Assessing Officer to review the documentary evidence submitted by the assessee to support the claim and requested necessary details to be provided. Case-Laws Income Tax Fri, 05 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171022