https://www.taxtmi.com/caselaws?id=795412 Transfer-pricing analysis supports LIBOR-based interest benchmarking for loans to associated enterprises and a 0.35% corporate-guarantee commission, while treating guarantees as international transactions. Premature settlement of deferred sales-tax liability is described as capital in nature, and waiver of capital loans for plant and machinery as non-taxable. The notes support deductions for unrecovered business security deposits, overseas subsidiary loan write-offs, and employee stock-option costs subject to verification, but not property advances lacking a revenue-business nexus. They also address restricted disallowance of exempt-income expenditure, exclusion of that disallowance from book profit, electricity-board rates as comparable prices for captive power, and the need for tested third-party evidence before disallowing cargo-handling expenditure. 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 analysis supports LIBOR-based interest benchmarking for loans to associated enterprises and a 0.35% corporate-guarantee commission, while treating guarantees as international transactions. Premature settlement of deferred sales-tax liability is described as capital in nature, and waiver of capital loans for plant and machinery as non-taxable. The notes support deductions for unrecovered business security deposits, overseas subsidiary loan write-offs, and employee stock-option costs subject to verification, but not property advances lacking a revenue-business nexus. They also address restricted disallowance of exempt-income expenditure, exclusion of that disallowance from book profit, electricity-board rates as comparable prices for captive power, and the need for tested third-party evidence before disallowing cargo-handling expenditure. Case-Laws Income Tax Tue, 16 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795412