https://www.taxtmi.com/caselaws?id=267932 The Tribunal upheld the use of LIBOR + 2% for interest benchmarking and a 0.5% rate for the corporate guarantee fee, directed a recalculation for the disallowance u/s 14A, and allowed the claim for DRUPA Exhibition expenses. The assessee's appeal was partly allowed, and the Revenue's appeal was dismissed. en-us Wed, 16 Sep 2015 00:00:00 +0530 Tue, 17 Nov 2015 05:55:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267932 The Tribunal upheld the use of LIBOR + 2% for interest benchmarking and a 0.5% rate for the corporate guarantee fee, directed a recalculation for the disallowance u/s 14A, and allowed the claim for DRUPA Exhibition expenses. The assessee's appeal was partly allowed, and the Revenue's appeal was dismissed. Case-Laws Income Tax Wed, 16 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267932