https://www.taxtmi.com/caselaws?id=795412 Transfer-pricing of associated-enterprise loans may use a LIBOR-based benchmark where consistently accepted, while corporate guarantees may be benchmarked at 0.35%. Premature settlement of deferred sales-tax liability under an industrial incentive scheme is treated as a capital receipt rather than taxable remission. Unrecovered business security deposits may qualify as business loss, and waiver of capital loans for plant and machinery does not create taxable income. Section 14A disallowance is limited where interest-free funds exceed investments and cannot be added to book profit. Property-acquisition advances require proof of revenue or business-loss character. Captive power may be valued using electricity-board industrial rates. Commercially connected subsidiary loan write-offs, share-extinguishment losses, substantiated cargo expenditure, and verified employee stock-option discount claims may qualify for relief. en-us Tue, 16 Jun 2026 00:00:00 +0530 Wed, 22 Jul 2026 08:48:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795412 Transfer-pricing of associated-enterprise loans may use a LIBOR-based benchmark where consistently accepted, while corporate guarantees may be benchmarked at 0.35%. Premature settlement of deferred sales-tax liability under an industrial incentive scheme is treated as a capital receipt rather than taxable remission. Unrecovered business security deposits may qualify as business loss, and waiver of capital loans for plant and machinery does not create taxable income. Section 14A disallowance is limited where interest-free funds exceed investments and cannot be added to book profit. Property-acquisition advances require proof of revenue or business-loss character. Captive power may be valued using electricity-board industrial rates. Commercially connected subsidiary loan write-offs, share-extinguishment losses, substantiated cargo expenditure, and verified employee stock-option discount claims may qualify for relief. Case-Laws Income Tax Tue, 16 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795412