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Income Tax - Highlights / Catch Notes

Home Highlights July 2020 Year 2020 This

TP adjustments - Notional interest income on the loan (interest ...


Interest-Free Loan Adjustments Allowed Against Marketing Fees for Transfer Pricing in India.

July 11, 2020

Case Laws     Income Tax     AT

TP adjustments - Notional interest income on the loan (interest free) - the said notional interest income on the loans advanced by the assessee to its AE would be entitled to be adjusted against the expenditure incurred by the assessee by way of marketing service fees paid to its National Marketing Agency in India, i.e its NMC viz. ADSIL.

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