Transfer pricing addition on account of Corporate guarantee - ...

Income Tax

March 30, 2021

Transfer pricing addition on account of Corporate guarantee - performance guarantees in the instant case are a specie of the genus of corporate guarantee and cannot be given a treatment different from the corporate guarantee as urged by the assessee. Ex consequenti, we hold that the so-called performance guarantee transactions at sr. nos. 3 and 4 are in the nature of corporate guarantee transactions and do not require any separate treatment vis-à-vis the remaining eight transactions - AT

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Transfer pricing addition on account of Corporate guarantee - ...

Income Tax

March 30, 2021

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