https://www.taxtmi.com/caselaws?id=391523 The High Court of Calcutta heard an appeal regarding a transfer pricing adjustment on interest-free funds provided by the assessee to its subsidiary. The appellant contested the adjustment, arguing that the funds were advanced as quasiequity from its own resources. The Court directed the appeal to focus solely on the substantial question of law raised by the appellant. The respondent waived the issuance of notice, and procedural instructions were given for the filing of documents. The Court disposed of the application for stay and ordered the parties to receive a certified copy of the order upon completion of formalities. en-us Fri, 03 Jan 2020 00:00:00 +0530 Fri, 31 Jan 2020 10:38:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391523 The High Court of Calcutta heard an appeal regarding a transfer pricing adjustment on interest-free funds provided by the assessee to its subsidiary. The appellant contested the adjustment, arguing that the funds were advanced as quasiequity from its own resources. The Court directed the appeal to focus solely on the substantial question of law raised by the appellant. The respondent waived the issuance of notice, and procedural instructions were given for the filing of documents. The Court disposed of the application for stay and ordered the parties to receive a certified copy of the order upon completion of formalities. Case-Laws Income Tax Fri, 03 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391523