https://www.taxtmi.com/caselaws?id=303597 The ITAT upheld the CIT(A)'s deletions of various additions and disallowances, citing consistency with decisions from preceding years. Notable deletions include disallowance of interest expenses, brokerage expenses, and notional rent on vacant properties. The issue of transfer pricing adjustment for a corporate guarantee fee was remanded for further assessment by the TPO. The ITAT emphasized the importance of valid satisfaction and accurate expense allocation in its decisions. en-us Fri, 10 Sep 2021 00:00:00 +0530 Mon, 01 Aug 2022 09:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303597 The ITAT upheld the CIT(A)'s deletions of various additions and disallowances, citing consistency with decisions from preceding years. Notable deletions include disallowance of interest expenses, brokerage expenses, and notional rent on vacant properties. The issue of transfer pricing adjustment for a corporate guarantee fee was remanded for further assessment by the TPO. The ITAT emphasized the importance of valid satisfaction and accurate expense allocation in its decisions. Case-Laws Income Tax Fri, 10 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303597