https://www.taxtmi.com/caselaws?id=390994 The Tribunal partly allowed the assessee's appeal, directing adjustments and disallowances consistent with precedents from the assessee's previous cases. It set the corporate guarantee rate at 0.5%, negated interest adjustments on loans to AE, and disallowed interest under section 36(1)(iii). It also ruled against disallowance under section 14A due to no exempt income and clarified section 115JB adjustments. The Tribunal emphasized consistency and adherence to established legal principles in transfer pricing and corporate tax matters. Specific details on Form 26AS data mismatch, short TDS credit, and penalty under section 271(1)(c) were not provided. en-us Mon, 06 Jan 2020 00:00:00 +0530 Thu, 07 Nov 2024 12:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390994 The Tribunal partly allowed the assessee's appeal, directing adjustments and disallowances consistent with precedents from the assessee's previous cases. It set the corporate guarantee rate at 0.5%, negated interest adjustments on loans to AE, and disallowed interest under section 36(1)(iii). It also ruled against disallowance under section 14A due to no exempt income and clarified section 115JB adjustments. The Tribunal emphasized consistency and adherence to established legal principles in transfer pricing and corporate tax matters. Specific details on Form 26AS data mismatch, short TDS credit, and penalty under section 271(1)(c) were not provided. Case-Laws Income Tax Mon, 06 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390994