https://www.taxtmi.com/caselaws?id=793877 Transfer pricing on loans to associated enterprises was tested by reference to the lending rate in the jurisdiction where funds were received and used, while corporate guarantee commission remained restricted under the consistency principle. Deductions for rail and water systems and carbon emission reduction receipts were treated as allowable under section 80-IA based on earlier determinations. Where interest-free funds exceeded exempt-income investments, disallowance of indirect expenditure was restricted using the exempt-income-linked investment base, with the corresponding book-profit treatment sustained. Gain from prepayment of sales-tax deferrals was treated as capital, and project-creditor write-offs were not taxable as benefits arising from business. en-us Thu, 30 Apr 2026 00:00:00 +0530 Tue, 23 Jun 2026 11:32:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793877 Transfer pricing on loans to associated enterprises was tested by reference to the lending rate in the jurisdiction where funds were received and used, while corporate guarantee commission remained restricted under the consistency principle. Deductions for rail and water systems and carbon emission reduction receipts were treated as allowable under section 80-IA based on earlier determinations. Where interest-free funds exceeded exempt-income investments, disallowance of indirect expenditure was restricted using the exempt-income-linked investment base, with the corresponding book-profit treatment sustained. Gain from prepayment of sales-tax deferrals was treated as capital, and project-creditor write-offs were not taxable as benefits arising from business. Case-Laws Income Tax Thu, 30 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793877