https://www.taxtmi.com/highlights?id=58317 TP Adjustment - Benchmarking of interest receivable on loan - when the assessee has charged higher interest on loan to subsidiary compared to the prevailing interest rate in the country in which the money is lent, CUP method undisputedly agreed by the parties as the most appropriate method, there is no reason to make any adjustment in the hands of the assessee on this count. Assessee has given comparable instances of the prevailing interest rate for short-term and long-term in Germany, which could not be disputed as a better comparable price. - AT en-us Thu, 10 Jun 2021 16:34:24 +0530 Thu, 10 Jun 2021 16:34:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58317 TP Adjustment - Benchmarking of interest receivable on loan - when the assessee has charged higher interest on loan to subsidiary compared to the prevailing interest rate in the country in which the money is lent, CUP method undisputedly agreed by the parties as the most appropriate method, there is no reason to make any adjustment in the hands of the assessee on this count. Assessee has given comparable instances of the prevailing interest rate for short-term and long-term in Germany, which could not be disputed as a better comparable price. - AT Highlights Income Tax Thu, 10 Jun 2021 16:34:24 +0530 https://www.taxtmi.com/highlights?id=58317