https://www.taxtmi.com/caselaws?id=767694 The Tribunal dismissed all appeals by both the assessee and the Revenue. It upheld the classification of corporate guarantees as international transactions under Section 92B, reinforcing its prior decisions. The Arm's Length Price for corporate guarantee fees was maintained at 0.5%, consistent with earlier rulings. The Tribunal affirmed the deletion of additional disallowances under Section 14A and Rule 8D, acknowledging the assessee's initial disallowance and the nature of the investments. It also condoned delays in the Revenue's filing of appeals due to administrative reasons, allowing the appeals to proceed. en-us Mon, 17 Mar 2025 00:00:00 +0530 Sat, 22 Mar 2025 08:34:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767694 The Tribunal dismissed all appeals by both the assessee and the Revenue. It upheld the classification of corporate guarantees as international transactions under Section 92B, reinforcing its prior decisions. The Arm's Length Price for corporate guarantee fees was maintained at 0.5%, consistent with earlier rulings. The Tribunal affirmed the deletion of additional disallowances under Section 14A and Rule 8D, acknowledging the assessee's initial disallowance and the nature of the investments. It also condoned delays in the Revenue's filing of appeals due to administrative reasons, allowing the appeals to proceed. Case-Laws Income Tax Mon, 17 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767694