https://www.taxtmi.com/caselaws?id=423823 The Income Tax Appellate Tribunal (ITAT) allowed the Revenue's appeal for statistical purposes and remitted the issue back to the Assessing Officer (AO) for reevaluation based on the directions provided. The ITAT emphasized the significance of accurately determining the arm's length interest rate in international transactions, considering relevant legal precedents and applying appropriate benchmarks. en-us Tue, 07 Jun 2022 00:00:00 +0530 Thu, 16 Jun 2022 09:13:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423823 The Income Tax Appellate Tribunal (ITAT) allowed the Revenue's appeal for statistical purposes and remitted the issue back to the Assessing Officer (AO) for reevaluation based on the directions provided. The ITAT emphasized the significance of accurately determining the arm's length interest rate in international transactions, considering relevant legal precedents and applying appropriate benchmarks. Case-Laws Income Tax Tue, 07 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423823