https://www.taxtmi.com/caselaws?id=438450 The Tribunal allowed the assessee's appeal, directing the Transfer Pricing Officer to determine the Arm's Length Price for interest on Compulsorily Convertible Debentures using the appropriate SBI PLR rate. Additionally, the Tribunal instructed the Assessing Officer to consider and allow the set off of brought forward business loss and unabsorbed depreciation in accordance with the law. The appeal was granted on 17th March 2023. en-us Fri, 17 Mar 2023 00:00:00 +0530 Thu, 01 Jun 2023 08:06:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438450 The Tribunal allowed the assessee's appeal, directing the Transfer Pricing Officer to determine the Arm's Length Price for interest on Compulsorily Convertible Debentures using the appropriate SBI PLR rate. Additionally, the Tribunal instructed the Assessing Officer to consider and allow the set off of brought forward business loss and unabsorbed depreciation in accordance with the law. The appeal was granted on 17th March 2023. Case-Laws Income Tax Fri, 17 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438450