Corporate guarantee for supplies to AE in Singapore Falls under TP By Anand Gupta TaxGuru

Corporate guarantee for supplies to AE in Singapore Falls under TP Inflow Technologies Private Limited Vs ACIT (ITAT Bangalore) The assessee, as a part of share purchase agreement, during the business structuring had given a corporate guarantee to one of its group supplier CISCO for supplies made to its AE (Inflow Singapore). According to the assessee, it did not intend to get any remuneration for the […]

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