https://www.taxtmi.com/caselaws?id=303939 The Tribunal partly allowed the appeal, directing the deletion of the transfer pricing adjustment related to guarantee fees. The Tribunal upheld the TNMM method as the Most Appropriate Method for benchmarking processing fees received for guarantees issued on behalf of Associated Enterprises. The grounds related to the initiation of penalty proceedings were dismissed as premature. en-us Wed, 13 Apr 2022 00:00:00 +0530 Fri, 26 Aug 2022 08:35:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303939 The Tribunal partly allowed the appeal, directing the deletion of the transfer pricing adjustment related to guarantee fees. The Tribunal upheld the TNMM method as the Most Appropriate Method for benchmarking processing fees received for guarantees issued on behalf of Associated Enterprises. The grounds related to the initiation of penalty proceedings were dismissed as premature. Case-Laws Income Tax Wed, 13 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303939