Benchmarking Interest free Loan with LIBOR for Transfer Pricing
whether for the benchmarking of the transaction of loan, the interest rate for 6 months LIBOR + 150 Basis Points for a period for more than 5 years is appropriate or not. Held Yes IN THE ITAT MUMBAI BENCH ‘K’ Deputy Commissioner of Income-tax, Range 8 (1), Mumbai v. Geodesic Ltd. B.R. BASKARAN, ACCOUNTANT MEMBER… Read More »