https://www.taxtmi.com/caselaws?id=401980 The Tribunal partially allowed the appeal of the assessee. It held in favor of the assessee regarding the treatment of optionally and compulsorily convertible debentures as equity share capital, citing a previous decision. The issue of determining the Arm's Length Price (ALP) of interest paid to associated enterprises was remanded back to the Transfer Pricing Officer for fresh determination. The order was pronounced on December 18, 2020. en-us Fri, 18 Dec 2020 00:00:00 +0530 Sat, 19 Dec 2020 22:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401980 The Tribunal partially allowed the appeal of the assessee. It held in favor of the assessee regarding the treatment of optionally and compulsorily convertible debentures as equity share capital, citing a previous decision. The issue of determining the Arm's Length Price (ALP) of interest paid to associated enterprises was remanded back to the Transfer Pricing Officer for fresh determination. The order was pronounced on December 18, 2020. Case-Laws Income Tax Fri, 18 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401980