https://www.taxtmi.com/caselaws?id=364970 The Tribunal allowed the appeal, directing the Assessing Officer to re-compute the Arm's Length Price (ALP) at 6% for the relevant Associated Enterprises (AEs). The decision emphasized consistency in treatment among AEs and the use of LIBOR plus mark-up for interest rate determination, following a previous judgment in the assessee's favor for a different assessment year. The outcome favored the assessee, stressing the importance of aligning ALP calculations with international norms and judicial precedents. en-us Mon, 06 Aug 2018 00:00:00 +0530 Wed, 08 Aug 2018 08:05:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364970 The Tribunal allowed the appeal, directing the Assessing Officer to re-compute the Arm's Length Price (ALP) at 6% for the relevant Associated Enterprises (AEs). The decision emphasized consistency in treatment among AEs and the use of LIBOR plus mark-up for interest rate determination, following a previous judgment in the assessee's favor for a different assessment year. The outcome favored the assessee, stressing the importance of aligning ALP calculations with international norms and judicial precedents. Case-Laws Income Tax Mon, 06 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364970