https://www.taxtmi.com/caselaws?id=372987 The tribunal upheld the Transfer Pricing Officer's adjustment of &8377;1,54,82,741 in the arms length price (ALP) for a corporate guarantee provided by the assessee to its associated enterprise (AE) in Singapore. The ALP was determined at 0.5% per annum, following the rule of consistency established in previous cases. The tribunal emphasized the need for compensation by the AE for benefits received from the corporate guarantee, aligning with earlier rulings and ensuring uniformity in ALP determination for similar transactions involving corporate guarantees. en-us Wed, 02 Jan 2019 00:00:00 +0530 Fri, 04 Jan 2019 06:41:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372987 The tribunal upheld the Transfer Pricing Officer's adjustment of &8377;1,54,82,741 in the arms length price (ALP) for a corporate guarantee provided by the assessee to its associated enterprise (AE) in Singapore. The ALP was determined at 0.5% per annum, following the rule of consistency established in previous cases. The tribunal emphasized the need for compensation by the AE for benefits received from the corporate guarantee, aligning with earlier rulings and ensuring uniformity in ALP determination for similar transactions involving corporate guarantees. Case-Laws Income Tax Wed, 02 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372987