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Unconventional Business Payment Cannot Be Branded a Sham: Mumbai ITAT

27 Aug 2026 · 27 Aug 2026By CA Vijayakumar Shetty

Mumbai ITAT partly allows Tech Mahindra’s AY 2008-09 appeal, deletes major TP adjustments and directs LIBOR-based benchmarking for an AE loan. The post Unconventional Business Payment Cannot Be Branded a Sham: Mumbai ITAT appeared first on TaxGuru .

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