Thursday, February 7, 2019

ITAT benchmarked LIBOR and EURIBOR to determine ALP of interest charged on sum advanced to AE

IT/ILT: Where ALP of interest charged on amounts advanced by assessee to its AEs had been benchmarked by assessee as per LIBOR and EURIBOR rates, same could not have been determined as per Indian rate as had been done by Assessing Officer/TPO

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