https://www.taxtmi.com/notifications?id=120222 Secondary adjustments under section 92CE require repatriation of excess funds within a uniform ninety-day period from specified triggering events tied to primary transfer pricing adjustments. If excess money is not repatriated within that period, imputed per annum interest income is computed using currency-specific benchmarks: the State Bank of India one year marginal cost of funds lending rate as of the first of April plus a margin for rupee-denominated transactions, and the six month London Interbank Offered Rate as of the prior September plus a margin for foreign currency transactions. "International transaction" is as per section 92B. en-us Thu, 15 Jun 2017 00:00:00 +0530 Fri, 16 Jun 2017 16:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=120222 Secondary adjustments under section 92CE require repatriation of excess funds within a uniform ninety-day period from specified triggering events tied to primary transfer pricing adjustments. If excess money is not repatriated within that period, imputed per annum interest income is computed using currency-specific benchmarks: the State Bank of India one year marginal cost of funds lending rate as of the first of April plus a margin for rupee-denominated transactions, and the six month London Interbank Offered Rate as of the prior September plus a margin for foreign currency transactions. "International transaction" is as per section 92B. Notifications Income Tax Thu, 15 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=120222