https://www.taxtmi.com/caselaws?id=415696 The Court admitted the appeal on various issues related to income tax and international transactions, including the exclusion of investment in subsidiaries for computing disallowance under section 14A, providing corporate guarantee to Associated Enterprise as an international transaction, deletion of addition regarding guarantee fee rate, and disregarding the benefit accrued to Associated Enterprises by the provided guarantee. The Court dismissed certain questions of law based on precedents and factual considerations but directed the appellant to submit necessary documents for further proceedings. The case is scheduled for a future hearing to address the admitted substantial questions of law. en-us Thu, 02 Dec 2021 00:00:00 +0530 Fri, 10 Dec 2021 10:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415696 The Court admitted the appeal on various issues related to income tax and international transactions, including the exclusion of investment in subsidiaries for computing disallowance under section 14A, providing corporate guarantee to Associated Enterprise as an international transaction, deletion of addition regarding guarantee fee rate, and disregarding the benefit accrued to Associated Enterprises by the provided guarantee. The Court dismissed certain questions of law based on precedents and factual considerations but directed the appellant to submit necessary documents for further proceedings. The case is scheduled for a future hearing to address the admitted substantial questions of law. Case-Laws Income Tax Thu, 02 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415696