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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

TPA - when parent company is able to raise foreign exchange ...


Parent Company's Foreign Exchange Rate Valid for Subsidiary Borrowings: A Reasonable Comparable Approach.

March 18, 2014

Case Laws     Income Tax     AT

TPA - when parent company is able to raise foreign exchange borrowings at a certain rate, it is reasonable to assume that such rates can constitute valid comparable for similarly placed borrowings by the subsidiary as well - AT

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