https://www.taxtmi.com/caselaws?id=261641 The Tribunal allowed the appeal in part for statistical purposes. It directed the Assessing Officer to recompute interest on delayed receivables, considering advances from associated enterprises, limiting the computation to the end of the financial year, and using the LIBOR rate. Additionally, the Tribunal clarified that transactions between Indian entities are not subject to transfer pricing regulations. en-us Wed, 08 Jul 2015 00:00:00 +0530 Sat, 18 Jul 2015 08:41:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261641 The Tribunal allowed the appeal in part for statistical purposes. It directed the Assessing Officer to recompute interest on delayed receivables, considering advances from associated enterprises, limiting the computation to the end of the financial year, and using the LIBOR rate. Additionally, the Tribunal clarified that transactions between Indian entities are not subject to transfer pricing regulations. Case-Laws Income Tax Wed, 08 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261641