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Income Tax - Highlights / Catch Notes

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Arm Length Price (ALP) - Interest free loans to the sister ...


Interest-Free Loans to Subsidiaries: ALP Determined at LIBOR + 2% for Arm's Length Transactions.

November 18, 2013

Case Laws     Income Tax     AT

Arm Length Price (ALP) - Interest free loans to the sister concern by the Assessee-company - AE's who are 100% subsidiaries - The appropriate rate would be LIBOR plus 2% - AT

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