https://www.taxtmi.com/caselaws?id=400579 The Tribunal confirmed the treatment of the corporate guarantee as an international transaction but reduced the commission rate to 0.5% and based it on the actual facility availed. The issue of unexplained paintings was remitted to the Assessing Officer for re-examination, adhering to previous Tribunal decisions and ensuring due process. The appeal was partly allowed. en-us Mon, 07 Sep 2020 00:00:00 +0530 Wed, 11 Nov 2020 11:51:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400579 The Tribunal confirmed the treatment of the corporate guarantee as an international transaction but reduced the commission rate to 0.5% and based it on the actual facility availed. The issue of unexplained paintings was remitted to the Assessing Officer for re-examination, adhering to previous Tribunal decisions and ensuring due process. The appeal was partly allowed. Case-Laws Income Tax Mon, 07 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400579