https://www.taxtmi.com/caselaws?id=286073 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s deletion of additions related to interest on receivables and corporate guarantees to subsidiaries. The decision was based on established judicial precedents, emphasizing that no adjustments were warranted in the absence of incurred costs or undue financial benefits. en-us Wed, 03 Apr 2019 00:00:00 +0530 Tue, 11 Feb 2020 14:43:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286073 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s deletion of additions related to interest on receivables and corporate guarantees to subsidiaries. The decision was based on established judicial precedents, emphasizing that no adjustments were warranted in the absence of incurred costs or undue financial benefits. Case-Laws Income Tax Wed, 03 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286073