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    <title>2004 (11) TMI 16 - AUTHORITY FOR ADVANCE RULINGS</title>
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    <description>The Authority ruled that the interest-free loan&#039;s impact on Indian Government&#039;s tax revenue is not within the scope of &quot;advance ruling.&quot; The applicant must adhere to transfer pricing provisions, charging interest at arm&#039;s length price. No ruling was made on India-Finland Tax Treaty exemptions due to lack of arguments. The ruling emphasized compliance with Indian transfer pricing laws, pronouncing the decision on November 25, 2004.</description>
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      <description>The Authority ruled that the interest-free loan&#039;s impact on Indian Government&#039;s tax revenue is not within the scope of &quot;advance ruling.&quot; The applicant must adhere to transfer pricing provisions, charging interest at arm&#039;s length price. No ruling was made on India-Finland Tax Treaty exemptions due to lack of arguments. The ruling emphasized compliance with Indian transfer pricing laws, pronouncing the decision on November 25, 2004.</description>
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