https://www.taxtmi.com/caselaws?id=290145 The Tribunal dismissed the assessee's Miscellaneous Application seeking rectification in the Tribunal order for Assessment Year 2012-13 regarding Transfer Pricing adjustments on loans given to the AE. The Tribunal upheld the principle that income from international transactions must adhere to the arm's length principle, rejecting the arguments presented by the assessee's Authorized Representative. The Tribunal remitted the quantification of the applicable rate back to the Assessing Officer/Transfer Pricing Officer for further consideration based on additional evidence submitted by the assessee. The miscellaneous application was dismissed except for the indicated rectification. en-us Tue, 12 Mar 2019 00:00:00 +0530 Thu, 10 Sep 2020 21:05:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290145 The Tribunal dismissed the assessee's Miscellaneous Application seeking rectification in the Tribunal order for Assessment Year 2012-13 regarding Transfer Pricing adjustments on loans given to the AE. The Tribunal upheld the principle that income from international transactions must adhere to the arm's length principle, rejecting the arguments presented by the assessee's Authorized Representative. The Tribunal remitted the quantification of the applicable rate back to the Assessing Officer/Transfer Pricing Officer for further consideration based on additional evidence submitted by the assessee. The miscellaneous application was dismissed except for the indicated rectification. Case-Laws Income Tax Tue, 12 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290145