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. 2014-15)
Greenply Industries Ltd. v. ACIT (2022) 219 TTJ 257/220 DTR 18 / 143 taxmann.com 364 (Gauhati) (Trib)
S. 92C : Transfer pricing-Arm’s length price of guarantee commission-Arm’s length guarantee commission charge should be restricted at 0.5%