https://www.taxtmi.com/caselaws?id=308949 The Tribunal partly allowed the assessee's appeal, determining that the corporate guarantee commission provided to Associated Enterprises constitutes an international transaction under section 92B of the Income Tax Act. The Tribunal upheld the Transfer Pricing adjustment by the TPO and DRP, setting the commission rate at 0.50% based on retrospective amendments and relevant judicial pronouncements. Other grounds raised by the assessee were deemed consequential and not separately adjudicated. en-us Thu, 16 Feb 2023 00:00:00 +0530 Tue, 23 Apr 2024 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308949 The Tribunal partly allowed the assessee's appeal, determining that the corporate guarantee commission provided to Associated Enterprises constitutes an international transaction under section 92B of the Income Tax Act. The Tribunal upheld the Transfer Pricing adjustment by the TPO and DRP, setting the commission rate at 0.50% based on retrospective amendments and relevant judicial pronouncements. Other grounds raised by the assessee were deemed consequential and not separately adjudicated. Case-Laws Income Tax Thu, 16 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308949