No notional interest as inter-co. receivables weren't treated as international transactions during AY 2010-11

IT/ILT: Where TPO made addition of notional interest to ALP in respect of delay in realisation of payment from AE, in view of fact that in terms of agreement, there was no condition to charge any interest for delayed payments by AEs, impugned addition deserved to be set aside

from www.taxmann.com Latest Case Laws http://bit.ly/2Dw65PC