Tuesday, October 1, 2019

Interest rate prevailing in country were loan was consumed to be considered for determining arm length of interest

TRANSFER PRICING: Where assessee advanced loans to its AE situated in Germany, rate of interest prevalent in Germany being country in which loan was to be consumed, was determinative of arm's length rate of interest charged by assessee

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

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...