https://www.taxtmi.com/caselaws?id=459537 A transfer pricing adjustment on corporate guarantee commission was found unsustainable where the assessee had charged 0.5% from associated enterprises, the same rate had been accepted in several Tribunal decisions, and the record showed that the rate compared favourably with bank commission ranges. On those facts, the upward adjustment was deleted because a different arm's length estimate could not displace the supported and accepted commission rate. en-us Wed, 31 Jan 2024 00:00:00 +0530 Tue, 17 Dec 2024 18:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459537 A transfer pricing adjustment on corporate guarantee commission was found unsustainable where the assessee had charged 0.5% from associated enterprises, the same rate had been accepted in several Tribunal decisions, and the record showed that the rate compared favourably with bank commission ranges. On those facts, the upward adjustment was deleted because a different arm's length estimate could not displace the supported and accepted commission rate. Case-Laws Income Tax Wed, 31 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459537