https://www.taxtmi.com/caselaws?id=407696 The Tribunal partly allowed the appeals concerning Arm's Length Price (ALP) adjustments for corporate guarantees in A.Ys. 2012-13 and 2013-14. It upheld the corporate guarantee as an international transaction and determined a lump sum corporate guarantee commission of 0.9%. Additionally, the Tribunal directed the Assessing Officer to reexamine the denial of carry forward set-off losses under 'capital gains' for A.Y. 2010-11 and review the capital gains addition of Rs. 21,02,947/- for A.Y. 2012-13. The appeal regarding non-credit of tax paid on distributed profits under section 115-O of the Act for A.Y. 2013-14 was accepted in part. en-us Tue, 11 May 2021 00:00:00 +0530 Tue, 18 May 2021 21:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407696 The Tribunal partly allowed the appeals concerning Arm's Length Price (ALP) adjustments for corporate guarantees in A.Ys. 2012-13 and 2013-14. It upheld the corporate guarantee as an international transaction and determined a lump sum corporate guarantee commission of 0.9%. Additionally, the Tribunal directed the Assessing Officer to reexamine the denial of carry forward set-off losses under 'capital gains' for A.Y. 2010-11 and review the capital gains addition of Rs. 21,02,947/- for A.Y. 2012-13. The appeal regarding non-credit of tax paid on distributed profits under section 115-O of the Act for A.Y. 2013-14 was accepted in part. Case-Laws Income Tax Tue, 11 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407696