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Income Tax - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

TP Adjustments - The considerations which applied for issuance ...


Corporate Guarantee Fees Should Not Be Scrutinized Like Bank Guarantees, Says Ruling Against Transfer Pricing Officer's Approach.

May 13, 2015

Case Laws     Income Tax     HC

TP Adjustments - The considerations which applied for issuance of a Corporate guarantee are distinct and separate from that of bank guarantee and accordingly we are of the view that commission charged cannot be called in question, in the manner TPO has done.- HC

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