ITAT Rules Interest Paid to Overseas Head Office Deductible and Restricts Guarantee Commission Adjustment
ITAT Rules Interest Paid to Overseas Head Office Deductible and Restricts Guarantee Commission Adjustment Issue Whether interest paid by an Indian Permanent Establishment (PE) to its foreign Head Office is deductible, and whether Transfer Pricing adjustments on guarantee commission must give credit for amounts already recovered from the Associated Enterprise (AE). Facts The assessee is… Read More »