Interbank Rate, Not Domestic Prime, Applies for Foreign Currency Loans to Associated Enterprises in Transfer Pricing Cases. https://www.taxtmi.com/highlights?id=13090 TP - where the lending of money was in foreign currency to its AE the domestic prime lending rate would have no applicability and the interbank rate fixed should be taken as benchmark - AT en-us Wed, 19 Jun 2013 17:56:00 +0530 Wed, 19 Jun 2013 17:56:00 +0530 TaxTMI RSS Generator Interbank Rate, Not Domestic Prime, Applies for Foreign Currency Loans to Associated Enterprises in Transfer Pricing Cases. https://www.taxtmi.com/highlights?id=13090 TP - where the lending of money was in foreign currency to its AE the domestic prime lending rate would have no applicability and the interbank rate fixed should be taken as benchmark - AT Highlights Income Tax Wed, 19 Jun 2013 17:56:00 +0530 https://www.taxtmi.com/highlights?id=13090