https://www.taxtmi.com/caselaws?id=333374 The Tribunal allowed the appeal of the assessee, Salcomp India, regarding the determination of Arm's Length Price (ALP) for imports and the appropriate interest rate for External Commercial Borrowing (ECB). The Tribunal upheld the assessee's arguments, emphasizing consistency in proceedings and adherence to accepted benchmarking practices such as the LIBOR rate. The order was pronounced on 31st August 2016 in Chennai. en-us Wed, 31 Aug 2016 00:00:00 +0530 Wed, 12 Oct 2016 17:08:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333374 The Tribunal allowed the appeal of the assessee, Salcomp India, regarding the determination of Arm's Length Price (ALP) for imports and the appropriate interest rate for External Commercial Borrowing (ECB). The Tribunal upheld the assessee's arguments, emphasizing consistency in proceedings and adherence to accepted benchmarking practices such as the LIBOR rate. The order was pronounced on 31st August 2016 in Chennai. Case-Laws Income Tax Wed, 31 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333374