https://www.taxtmi.com/caselaws?id=271061 The Tribunal partly allowed the appeals for AYs 2009-2010 and 2010-2011, providing specific directions for each issue. The adjustments on interest-free loans to the AE were limited to Rs. 2,49,260/-, the corporate guarantee TP adjustment was restricted to 0.5%, the TP adjustment on share premium was disallowed, and the disallowance u/s 14A read with Rule 8D was directed for re-examination. The addition for un-reconciled tour sales based on AIR reconciliation was remanded back to the AO for detailed information and specific reconciliation. en-us Wed, 04 Nov 2015 00:00:00 +0530 Wed, 30 Dec 2015 12:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271061 The Tribunal partly allowed the appeals for AYs 2009-2010 and 2010-2011, providing specific directions for each issue. The adjustments on interest-free loans to the AE were limited to Rs. 2,49,260/-, the corporate guarantee TP adjustment was restricted to 0.5%, the TP adjustment on share premium was disallowed, and the disallowance u/s 14A read with Rule 8D was directed for re-examination. The addition for un-reconciled tour sales based on AIR reconciliation was remanded back to the AO for detailed information and specific reconciliation. Case-Laws Income Tax Wed, 04 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271061