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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

TP adjustment to payment of interest on ECB loan - TPO himself ...


Court Orders Transfer Pricing Adjustment on ECB Loan Interest Rate to LIBOR Plus 300 Basis Points Despite RBI Approval.

July 24, 2019

Case Laws     Income Tax     AT

TP adjustment to payment of interest on ECB loan - TPO himself has stated that while granting permission to the assessee for availing ECB loan, the RBI has fixed the interest rate at six months USD LIBOR plus 350 basis points - directed to determined interest rate at six months USD LIBOR rate plus 300 basis points

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