https://www.taxtmi.com/caselaws?id=279748 The appeal was partly allowed with various issues remanded back to the AO for fresh adjudication. The Tribunal ruled in favor of the assessee on several grounds, including the determination of arm's length price for corporate guarantee fees, disallowance under section 14A, disallowance of principal repayment of finance lease, ad-hoc disallowance of aircraft maintenance expenses, and non-grant of set-off of long-term capital loss. The Tribunal provided specific directions for each issue, ensuring compliance with legal principles and fair evaluation of the assessee's claims. en-us Wed, 16 May 2018 00:00:00 +0530 Thu, 04 Apr 2019 06:34:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279748 The appeal was partly allowed with various issues remanded back to the AO for fresh adjudication. The Tribunal ruled in favor of the assessee on several grounds, including the determination of arm's length price for corporate guarantee fees, disallowance under section 14A, disallowance of principal repayment of finance lease, ad-hoc disallowance of aircraft maintenance expenses, and non-grant of set-off of long-term capital loss. The Tribunal provided specific directions for each issue, ensuring compliance with legal principles and fair evaluation of the assessee's claims. Case-Laws Income Tax Wed, 16 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279748