carried out proper enquiry regarding the Standby Letter
of Credit (SBLC) arrangements. During TP proceedings, details of SBLCs
issued by banks in favour ... that in the transfer pricing
study itself, the assessee had treated the SBLC arrangement as an
international transaction. The assessee had stated that
deposited in the form
of Standby Letter of Credit
dit (SBLC) with the banker of the accused
Opposite Party i.e. State Bank of India ... attempting to
encash or transfer the Standby Letter of Credit (SBLC) of
Rs.30,00,000/- to unknown concerns. Apprehending such action,
the Petitioner approached
Addition u/s 92CA on Arm's length price of SBLC fee - Rs.9,92,126- For the
purpose of establishing the greenfield project ... basis points.
This loan was secured through a Standby Letter of Credit (SBLC) issued by the State
Page | 6
ITA No. 2223/KOL/2025
Himadri
basis through a standby letter
of credit under the terms of LOC/SBLC Facility Agreement dated September
27, 2012, as amended, (Tranche 1 Facility ... Trance 2 LOC/SBLC Facility
Agreement dated 1st September, 2015, as amended from a consortium of
lenders led by State Bank of India (Secured lenders
Under Vidya
Sambal Yojna At Govt. College, Gharshana (Raj-Ces)
Nodal College Sblc Govt. College, Anupgarh , District - Sri
Ganganagar, Rajasthan.
4. Dr. Vinod Kumar ... Under Vidya Sambal Yojna At Govt. College,
Gharshana (Raj-Ces) Nodal College Sblc Govt. College,
Anupgarh , District - Sri Ganganagar, Rajasthan.
6. Rajesh S/o Shri
there are no allegations
against the respondent as regards the sanction of
SBLC. There is no material placed in the charge-
sheets to show that ... respondent has played any
role in sanction of SBLC.
14. At this stage, we may note that according to the
prosecution, the usual procedure followed
Other method
software
Reimbursement of expenses 30816428 Other method
Reimbursement of SBLC 65005195 Other method
charges
6. The dispute before us is with regard
