Court Orders Transfer Pricing Adjustment on ECB Loan Interest Rate to LIBOR Plus 300 Basis Points Despite RBI Approval.

Court Orders Transfer Pricing Adjustment on ECB Loan Interest Rate to LIBOR Plus 300 Basis Points Despite RBI Approval. https://www.taxtmi.com/highlights?id=48164 TP adjustment to payment of interest on ECB loan - TPO himself has stated that while granting permission to the assessee for availing ECB loan, the RBI has fixed the interest rate at six months USD LIBOR plus 350 basis points - directed to determined interest rate at six months USD LIBOR rate plus 300 basis points en-us Wed, 24 Jul 2019 06:44:29 +0530 Tue, 23 Jul 2019 17:32:35 +0530 TaxTMI RSS Generator Court Orders Transfer Pricing Adjustment on ECB Loan Interest Rate to LIBOR Plus 300 Basis Points Despite RBI Approval. https://www.taxtmi.com/highlights?id=48164 TP adjustment to payment of interest on ECB loan - TPO himself has stated that while granting permission to the assessee for availing ECB loan, the RBI has fixed the interest rate at six months USD LIBOR plus 350 basis points - directed to determined interest rate at six months USD LIBOR rate plus 300 basis points Highlights Income Tax Wed, 24 Jul 2019 06:44:29 +0530 https://www.taxtmi.com/highlights?id=48164