https://www.taxtmi.com/caselaws?id=343908 The Tribunal partly allowed the assessee's appeal and dismissed the revenue's appeal. Adjustments were directed based on LIBOR plus 200 points for interest on advances, and the corporate guarantee fee adjustment was deleted for the relevant assessment year. The disallowance under Section 14A was also deleted as no exempt income was received. The Tribunal upheld the DRP's directions and decisions in other aspects. en-us Fri, 02 Jun 2017 00:00:00 +0530 Mon, 05 Jun 2017 07:10:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343908 The Tribunal partly allowed the assessee's appeal and dismissed the revenue's appeal. Adjustments were directed based on LIBOR plus 200 points for interest on advances, and the corporate guarantee fee adjustment was deleted for the relevant assessment year. The disallowance under Section 14A was also deleted as no exempt income was received. The Tribunal upheld the DRP's directions and decisions in other aspects. Case-Laws Income Tax Fri, 02 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343908