https://www.taxtmi.com/caselaws?id=426559 Transfer pricing adjustment was held inapplicable to interest paid on behalf of an associated enterprise where the amount was not claimed as an expense and did not affect taxable income in India, making the transaction revenue neutral; the adjustment was deleted. For corporate guarantee benchmarking, the arm's length commission was reduced from 2.5% to 0.5% by applying binding precedent, and the adjustment was restricted accordingly. en-us Wed, 17 Aug 2022 00:00:00 +0530 Sat, 20 Aug 2022 08:27:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426559 Transfer pricing adjustment was held inapplicable to interest paid on behalf of an associated enterprise where the amount was not claimed as an expense and did not affect taxable income in India, making the transaction revenue neutral; the adjustment was deleted. For corporate guarantee benchmarking, the arm's length commission was reduced from 2.5% to 0.5% by applying binding precedent, and the adjustment was restricted accordingly. Case-Laws Income Tax Wed, 17 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426559