2023 (5) TMI 484 - SCH - Income Tax

TP Adjustment - ALP on the corporate guarantee - Tribunal has considered the controversy and remanded the matter to the AO for denovo adjudication - HELD THAT - We are not inclined to entertain the present special leave petitions in view of the observations recorded by the Income Tax Appellate Tribunal. Recording the aforesaid, the special leave petitions are dismissed.

Summary

The Supreme Court of India dismissed the special leave petitions due to observations by the Income Tax Appellate Tribunal. The delay was condoned, and pending applications were disposed of. (Citation: 2023 (5) TMI 484 - SC)