Relying on Cit v. Everest kento Cylender Ltd. [2015] 232 ITR 57, The Tribunal held that guarantee commission should be restricted to 0.5% of the guaranteed amount. (AY. 2009-10, 2010-11)
63 Moon Technologies Limited v. DY.CIT (2022) 215 TTJ 455 (Mum)(Trib)
S. 92C : Transfer pricing-Arm’s length price of guarantee commission-Arm’s length guarantee commission charge should be restricted at 0.5% .