https://www.taxtmi.com/caselaws?id=433777 The tribunal partially allowed the appeals, directing adjustments to the arm's length price of the corporate guarantee to 0.5% and deleting the disallowance of the sales incentive provision under the "Shahenshah Scheme." The issue regarding the section 80IC deduction was remitted back to the AO for further verification. The tribunal dismissed the education cess deduction issue as not pressed. The decisions were guided by precedents from the assessee's previous cases. The order was pronounced on November 25, 2022. en-us Wed, 23 Nov 2022 00:00:00 +0530 Fri, 20 Dec 2024 13:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433777 The tribunal partially allowed the appeals, directing adjustments to the arm's length price of the corporate guarantee to 0.5% and deleting the disallowance of the sales incentive provision under the "Shahenshah Scheme." The issue regarding the section 80IC deduction was remitted back to the AO for further verification. The tribunal dismissed the education cess deduction issue as not pressed. The decisions were guided by precedents from the assessee's previous cases. The order was pronounced on November 25, 2022. Case-Laws Income Tax Wed, 23 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433777