https://www.taxtmi.com/caselaws?id=275415 The Tribunal dismissed the revenue's appeals for the assessment years 2011-12 and 2012-13, confirming that the interest charged by the assessee at 2% was reasonable and at arm's length, based on the LIBOR rate rather than the Indian PLR. en-us Thu, 21 Sep 2017 00:00:00 +0530 Wed, 03 Oct 2018 07:07:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275415 The Tribunal dismissed the revenue's appeals for the assessment years 2011-12 and 2012-13, confirming that the interest charged by the assessee at 2% was reasonable and at arm's length, based on the LIBOR rate rather than the Indian PLR. Case-Laws Income Tax Thu, 21 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275415