Transfer pricing comparables and adjustments: Tribunal revisits loss-maker status, segmental comparability, working capital relief, and risk allocatio...
Business expenditure disallowance failed where commission, related-party salary and promotion payments were supported by records and inquiry was inade...
The High Court held that the interest on a money award is to be calculated at three times the RBI-notified rates with monthly compounding, fluctuating along with RBI rates. The award-debtor must pay interest calculated this way from the appointed date to repayment within 4 weeks, providing detailed calculations. The award-holder may withdraw or utilize the already paid/deposited amount. The matter will be listed for compliance on August 6, 2024, with the award-debtor required to file an affidavit showing full payment of interest and principal, along with detailed interest calculations.
The High Court held that the interest on a money award is to be calculated at three times the RBI-notified rates with monthly compounding, fluctuating along with RBI rates. The award-debtor must pay interest calculated this way from the appointed date to repayment within 4 weeks, providing detailed calculations. The award-holder may withdraw or utilize the already paid/deposited amount. The matter will be listed for compliance on August 6, 2024, with the award-debtor required to file an affidavit showing full payment of interest and principal, along with detailed interest calculations.
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