https://www.taxtmi.com/caselaws?id=302712 The Tribunal partially allowed the appeals, directing the adjustment to be made at 0.50% instead of the 2% determined by the TPO for the corporate guarantee. The decision emphasized the consistent treatment of corporate guarantees as international transactions and the application of Arms Length Principles in determining the appropriate cost. The final order, pronounced on April 12, 2021, specified the adjustment percentage for the relevant assessment years. en-us Mon, 12 Apr 2021 00:00:00 +0530 Mon, 13 Jun 2022 20:44:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302712 The Tribunal partially allowed the appeals, directing the adjustment to be made at 0.50% instead of the 2% determined by the TPO for the corporate guarantee. The decision emphasized the consistent treatment of corporate guarantees as international transactions and the application of Arms Length Principles in determining the appropriate cost. The final order, pronounced on April 12, 2021, specified the adjustment percentage for the relevant assessment years. Case-Laws Income Tax Mon, 12 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302712