https://www.taxtmi.com/caselaws?id=436531 The Tribunal allowed the appeals filed by the assessee for statistical purposes, directing the AO/TPO to undertake a fresh benchmarking of the Arm's Length Price (ALP) of interest on Non-Convertible Debentures (NCDs), emphasizing the preference for internal comparables. The Tribunal highlighted the need for adjustments based on security differences and currency considerations, remanding the matter for further verification and appropriate adjustments. en-us Wed, 14 Dec 2022 00:00:00 +0530 Sat, 15 Apr 2023 08:51:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436531 The Tribunal allowed the appeals filed by the assessee for statistical purposes, directing the AO/TPO to undertake a fresh benchmarking of the Arm's Length Price (ALP) of interest on Non-Convertible Debentures (NCDs), emphasizing the preference for internal comparables. The Tribunal highlighted the need for adjustments based on security differences and currency considerations, remanding the matter for further verification and appropriate adjustments. Case-Laws Income Tax Wed, 14 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436531