https://www.taxtmi.com/caselaws?id=325095 The Tribunal allowed the assessee's appeal, deleting the additions made on account of recharacterization of share capital into an interest-free loan and the notional interest computed thereon. The Tribunal held that the impugned transaction did not fall within the purview of Indian Transfer Pricing provisions as no income arose from the transaction. The Tribunal also dismissed the Stay Application filed by the assessee as infructuous. en-us Fri, 19 Feb 2016 00:00:00 +0530 Thu, 16 Jul 2026 17:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325095 The Tribunal allowed the assessee's appeal, deleting the additions made on account of recharacterization of share capital into an interest-free loan and the notional interest computed thereon. The Tribunal held that the impugned transaction did not fall within the purview of Indian Transfer Pricing provisions as no income arose from the transaction. The Tribunal also dismissed the Stay Application filed by the assessee as infructuous. Case-Laws Income Tax Fri, 19 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325095