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    <description>SC dismissed the Special Leave Petition and declined to interfere with the HC&#039;s order; the question whether the petitioner&#039;s undertaking amounts to a corporate guarantee or a mere obligation, and whether it constitutes an international transaction, is left open for determination by the assessing officer (AO) in accordance with law. All other contentions of the petitioner are similarly left open for consideration by the AO.</description>
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      <description>SC dismissed the Special Leave Petition and declined to interfere with the HC&#039;s order; the question whether the petitioner&#039;s undertaking amounts to a corporate guarantee or a mere obligation, and whether it constitutes an international transaction, is left open for determination by the assessing officer (AO) in accordance with law. All other contentions of the petitioner are similarly left open for consideration by the AO.</description>
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