https://www.taxtmi.com/caselaws?id=290462 The Tribunal dismissed the Revenue's appeals, affirming the CIT(A)'s rulings on all substantive issues. It upheld the use of LIBOR rates for foreign currency loans, rejected transfer pricing adjustments for corporate guarantees, acknowledged timely payment of employees' ESI/PF contributions, and confirmed the non-applicability of Section 14A disallowance due to the absence of exempt income. en-us Fri, 12 Oct 2018 00:00:00 +0530 Thu, 14 Nov 2024 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290462 The Tribunal dismissed the Revenue's appeals, affirming the CIT(A)'s rulings on all substantive issues. It upheld the use of LIBOR rates for foreign currency loans, rejected transfer pricing adjustments for corporate guarantees, acknowledged timely payment of employees' ESI/PF contributions, and confirmed the non-applicability of Section 14A disallowance due to the absence of exempt income. Case-Laws Income Tax Fri, 12 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290462