Performance Guarantees Are Corporate Guarantees: No Separate Treatment Required, Says Transfer Pricing Document.

Performance Guarantees Are Corporate Guarantees: No Separate Treatment Required, Says Transfer Pricing Document. https://www.taxtmi.com/highlights?id=57394 Transfer pricing addition on account of Corporate guarantee - performance guarantees in the instant case are a specie of the genus of corporate guarantee and cannot be given a treatment different from the corporate guarantee as urged by the assessee. Ex consequenti, we hold that the so-called performance guarantee transactions at sr. nos. 3 and 4 are in the nature of corporate guarantee transactions and do not require any separate treatment vis-à-vis the remaining eight transactions - AT en-us Tue, 30 Mar 2021 09:10:05 +0530 Tue, 30 Mar 2021 09:10:05 +0530 TaxTMI RSS Generator Performance Guarantees Are Corporate Guarantees: No Separate Treatment Required, Says Transfer Pricing Document. https://www.taxtmi.com/highlights?id=57394 Transfer pricing addition on account of Corporate guarantee - performance guarantees in the instant case are a specie of the genus of corporate guarantee and cannot be given a treatment different from the corporate guarantee as urged by the assessee. Ex consequenti, we hold that the so-called performance guarantee transactions at sr. nos. 3 and 4 are in the nature of corporate guarantee transactions and do not require any separate treatment vis-à-vis the remaining eight transactions - AT Highlights Income Tax Tue, 30 Mar 2021 09:10:05 +0530 https://www.taxtmi.com/highlights?id=57394