https://www.taxtmi.com/caselaws?id=427642 The Tribunal allowed the appeal of the assessee on all grounds, including the upward adjustment on overdue receivables, the corporate guarantee commission, and the disallowance under section 14A of the Income Tax Act. The decision highlighted the significance of assessing operating margins, guarantee utilization, and the absence of exempt income in determining adjustments and disallowances. en-us Fri, 09 Sep 2022 00:00:00 +0530 Wed, 14 Sep 2022 09:22:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427642 The Tribunal allowed the appeal of the assessee on all grounds, including the upward adjustment on overdue receivables, the corporate guarantee commission, and the disallowance under section 14A of the Income Tax Act. The decision highlighted the significance of assessing operating margins, guarantee utilization, and the absence of exempt income in determining adjustments and disallowances. Case-Laws Income Tax Fri, 09 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427642