https://www.taxtmi.com/caselaws?id=306528 The Tribunal ruled in favor of the assessee, determining that the corporate guarantee does not qualify as an international transaction, thus eliminating the ALP adjustment. It permitted the deduction of Education Cess and remanded the issue of DDT refund to the AO for verification. The appeal was partially allowed. en-us Wed, 17 Feb 2021 00:00:00 +0530 Wed, 18 Dec 2024 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306528 The Tribunal ruled in favor of the assessee, determining that the corporate guarantee does not qualify as an international transaction, thus eliminating the ALP adjustment. It permitted the deduction of Education Cess and remanded the issue of DDT refund to the AO for verification. The appeal was partially allowed. Case-Laws Income Tax Wed, 17 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306528