https://www.taxtmi.com/caselaws?id=334957 The Tribunal held that the addition of notional interest on outstanding debit balances with associated enterprises did not constitute an international transaction under Sec. 92B. After adjusting the notional interest from the margin, the assessee's margin remained higher than comparable entities. Therefore, the addition of Rs. 15,82,891 was deemed not tenable and was directed to be deleted. The assessee's appeal was partly allowed, while the Revenue's appeal was dismissed. en-us Mon, 31 Oct 2016 00:00:00 +0530 Thu, 24 Nov 2016 12:29:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334957 The Tribunal held that the addition of notional interest on outstanding debit balances with associated enterprises did not constitute an international transaction under Sec. 92B. After adjusting the notional interest from the margin, the assessee's margin remained higher than comparable entities. Therefore, the addition of Rs. 15,82,891 was deemed not tenable and was directed to be deleted. The assessee's appeal was partly allowed, while the Revenue's appeal was dismissed. Case-Laws Income Tax Mon, 31 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334957