https://www.taxtmi.com/caselaws?id=777491 ITAT upheld partly the assessee's appeals: transfer-pricing adjustment on interest receivables was reduced to LIBOR + 2% (from LIBOR + 4%); corporate guarantee commission benchmarking restricted to 0.5%; addition for alleged bogus purchases limited to actual transaction amount of Rs. 7,22,178. Disallowance of R&D deduction was set aside and the matter remitted to the AO for fresh adjudication in light of Form No. 3CL (DSIR). Donations from CSR funds were held potentially eligible for deduction under s.80G subject to verification and compliance with sections 80G and 37(1); that issue also restored to the AO for fresh decision. en-us Mon, 25 Aug 2025 00:00:00 +0530 Sat, 30 Aug 2025 08:31:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777491 ITAT upheld partly the assessee's appeals: transfer-pricing adjustment on interest receivables was reduced to LIBOR + 2% (from LIBOR + 4%); corporate guarantee commission benchmarking restricted to 0.5%; addition for alleged bogus purchases limited to actual transaction amount of Rs. 7,22,178. Disallowance of R&D deduction was set aside and the matter remitted to the AO for fresh adjudication in light of Form No. 3CL (DSIR). Donations from CSR funds were held potentially eligible for deduction under s.80G subject to verification and compliance with sections 80G and 37(1); that issue also restored to the AO for fresh decision. Case-Laws Income Tax Mon, 25 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777491