https://www.taxtmi.com/caselaws?id=122758 The Tribunal upheld the findings of the Transfer Pricing Officer (TPO) and Commissioner of Income Tax (Appeals) (CIT(A)), concluding that interest-free loans extended to associated enterprises were not at arm's length. The Tribunal also ruled that the 5% range benefit under section 92C(2) of the Income-tax Act was not applicable. All three appeals filed by the assessee were dismissed. en-us Fri, 30 Oct 2009 00:00:00 +0530 Tue, 10 Oct 2023 13:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122758 The Tribunal upheld the findings of the Transfer Pricing Officer (TPO) and Commissioner of Income Tax (Appeals) (CIT(A)), concluding that interest-free loans extended to associated enterprises were not at arm's length. The Tribunal also ruled that the 5% range benefit under section 92C(2) of the Income-tax Act was not applicable. All three appeals filed by the assessee were dismissed. Case-Laws Income Tax Fri, 30 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122758