https://www.taxtmi.com/caselaws?id=470633 Transfer-pricing analysis addresses exclusion of functionally dissimilar comparables for back-office support services under the transactional net margin method and benchmarking of a letter of comfort for an associated enterprise. It also covers allowance of mark-to-market derivative losses arising in banking operations, depreciation on previously leased assets, bad-debt write-offs, amortised bond issue expenses, and ordinary banking losses. For exempt-income expenditure, interest-free funds support exclusion of interest disallowance, while administrative expenditure requires verification. The notes further address exclusion of notional interest on tenant security deposits from annual value, deductibility of reasonably estimated year-end liabilities under mercantile accounting, and factual verification of asset use for depreciation. en-us Fri, 21 Nov 2025 00:00:00 +0530 Sat, 01 Aug 2026 19:57:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470633 Transfer-pricing analysis addresses exclusion of functionally dissimilar comparables for back-office support services under the transactional net margin method and benchmarking of a letter of comfort for an associated enterprise. It also covers allowance of mark-to-market derivative losses arising in banking operations, depreciation on previously leased assets, bad-debt write-offs, amortised bond issue expenses, and ordinary banking losses. For exempt-income expenditure, interest-free funds support exclusion of interest disallowance, while administrative expenditure requires verification. The notes further address exclusion of notional interest on tenant security deposits from annual value, deductibility of reasonably estimated year-end liabilities under mercantile accounting, and factual verification of asset use for depreciation. Case-Laws Income Tax Fri, 21 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470633