Friday, February 22, 2019

Loan advanced to foreign AE has to be benchmarked at LIBOR rate and not at SBI rate

IT/ILT: SBI rate is a local rate and LIBOR is a foreign rate, therefore, LIBOR rate should be preferred as against SBI local rate of interest

from www.taxmann.com Latest Case Laws https://ift.tt/2Tg9gUA
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