https://www.taxtmi.com/caselaws?id=388777 The Tribunal partially allowed the appeal by directing the A.O./TPO to re-compute the transfer pricing adjustment for the corporate guarantee at 0.53%, allowing the business loss on the sale of shares of the subsidiary, dismissing the disallowance under Section 14A, directing verification of interest on income tax refund, and dismissing the ground on set-off of brought forward losses. en-us Thu, 14 Nov 2019 00:00:00 +0530 Thu, 21 Nov 2019 14:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388777 The Tribunal partially allowed the appeal by directing the A.O./TPO to re-compute the transfer pricing adjustment for the corporate guarantee at 0.53%, allowing the business loss on the sale of shares of the subsidiary, dismissing the disallowance under Section 14A, directing verification of interest on income tax refund, and dismissing the ground on set-off of brought forward losses. Case-Laws Income Tax Thu, 14 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388777