https://www.taxtmi.com/caselaws?id=254084 The tribunal directed the AO to re-compute the arm's length price adjustment using the LIBOR rate and to reappraise the disallowance of interest expenditure, allowing the assessee to present further evidence. The additional ground regarding the notional corporate guarantee fee was dismissed as premature. The appeal was partly allowed. en-us Thu, 28 Aug 2014 00:00:00 +0530 Fri, 12 Dec 2014 10:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254084 The tribunal directed the AO to re-compute the arm's length price adjustment using the LIBOR rate and to reappraise the disallowance of interest expenditure, allowing the assessee to present further evidence. The additional ground regarding the notional corporate guarantee fee was dismissed as premature. The appeal was partly allowed. Case-Laws Income Tax Thu, 28 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254084