https://www.taxtmi.com/caselaws?id=426652 The Tribunal dismissed the Department's appeal and partly allowed the assessee's cross-objection. It upheld the CIT(A)'s decisions on the arm's length rate of interest, comparability analysis, acceptance of fresh annual reports, and deletion of TP adjustment on guarantee fee. The Tribunal emphasized consistency and evidence-based adjustments in transfer pricing cases, condoning delays in filing the appeal and cross-objection to ensure justice is not defeated on technical grounds. en-us Fri, 22 Apr 2022 00:00:00 +0530 Mon, 22 Aug 2022 18:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426652 The Tribunal dismissed the Department's appeal and partly allowed the assessee's cross-objection. It upheld the CIT(A)'s decisions on the arm's length rate of interest, comparability analysis, acceptance of fresh annual reports, and deletion of TP adjustment on guarantee fee. The Tribunal emphasized consistency and evidence-based adjustments in transfer pricing cases, condoning delays in filing the appeal and cross-objection to ensure justice is not defeated on technical grounds. Case-Laws Income Tax Fri, 22 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426652