Indian Tribunal rules on transfer pricing issues arising with respect to parent company loans and guarantees

The Hyderabad Income-tax Appellate Tribunal (Tribunal), in a ruling in the case of M/s. Four Soft Ltd (Taxpayer) has adjudicated on transfer pricing issues arising with respect to parent company loans and guarantees. The Taxpayer had provided a guarantee to a third party bank on behalf of its foreign subsidiary, for which the Taxpayer did not charge a guarantee fee from the subsidiary.

Source and more info: EY