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Ahmedabad ITAT Explains Difference Between Letter Of Credit From Corporate Guarantee

While upholding ALP adjustment on LOC in case of Axis Bank, the Ahmedabad ITAT rules on difference between letter of comfort (LOC) and guarantee commission. With respect to LOC being equated to. ....

Parimalsinhb Parmar , Tushar Hemani , Annapurna Gupta , Judicial Member , State Bank , Safe Harbour , Advocate Tushar Hemani , Ahmedabad Itat , Lp Adjustment , Axis Bank , Etter Of Comfort Loc , Guarantee Commission , Ank Guarantee ,

Volume Discount & Geography Adjustments Shall Be Considered While Determining TP Adjustment: Ahmedabad ITAT

The Ahmedabad ITAT remitted the issue of granting business volume discount adjustment and geographical difference adjustment for determination of ALP in case of company engaged in the business of. ....

Parin Shah , Annapurna Gupta , Accountant Member , Judicial Member , Tax Payer , Ahmedabad Itat , Usiness Volume Discount Adjustment , Eographical Difference Adjustment , Manufacturing Chemicals , Lp Adjustment ,