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Income Tax - Highlights / Catch Notes

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TP Adjustment - ‘receipt of counter guarantee commission - ...

Income Tax

March 22, 2023

TP Adjustment - ‘receipt of counter guarantee commission - providing counter guarantee at the instance of its overseas AE - TPA made in the impugned assessment order towards counter guarantee commission is thus grossly at odds with the factual position enunciated by the co-ordinate benches and hence such adjustment is totally uncalled for. - AT

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