https://www.taxtmi.com/caselaws?id=281071 The Tribunal allowed the appeal in favor of the assessee for the assessment year 2012-13. The Tribunal directed the deletion of the transfer pricing adjustment related to the corporate guarantee, citing a precedent that the guarantee commission should be calculated at 0.50% of the average loan outstanding. Additionally, the disallowance under Section 14A read with Rule 8D was remanded to the Assessing Officer for fresh consideration based on established principles, resulting in the allowance of the second ground of appeal for statistical purposes. en-us Fri, 08 Jun 2018 00:00:00 +0530 Sat, 01 Jun 2019 20:22:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281071 The Tribunal allowed the appeal in favor of the assessee for the assessment year 2012-13. The Tribunal directed the deletion of the transfer pricing adjustment related to the corporate guarantee, citing a precedent that the guarantee commission should be calculated at 0.50% of the average loan outstanding. Additionally, the disallowance under Section 14A read with Rule 8D was remanded to the Assessing Officer for fresh consideration based on established principles, resulting in the allowance of the second ground of appeal for statistical purposes. Case-Laws Income Tax Fri, 08 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281071