Interest-Free Loan Transfer Pricing Adjustment Deemed Unnecessary; Assessee's Appeal Allowed Due to Negligible Interest Cost.

Interest-Free Loan Transfer Pricing Adjustment Deemed Unnecessary; Assessee's Appeal Allowed Due to Negligible Interest Cost. https://www.taxtmi.com/highlights?id=71047 TP upward adjustment on account of interest free loan to AE - The interest cost compared to the amount of gross import of material and export generated by the taxpayer is negligible. - No adjustment under transfer pricing provisions is required for the interest-free loans and advances to associated enterprises. - The assessee's appeal is allowed. - AT en-us Sat, 22 Jul 2023 22:55:35 +0530 Sat, 22 Jul 2023 22:55:35 +0530 TaxTMI RSS Generator Interest-Free Loan Transfer Pricing Adjustment Deemed Unnecessary; Assessee's Appeal Allowed Due to Negligible Interest Cost. https://www.taxtmi.com/highlights?id=71047 TP upward adjustment on account of interest free loan to AE - The interest cost compared to the amount of gross import of material and export generated by the taxpayer is negligible. - No adjustment under transfer pricing provisions is required for the interest-free loans and advances to associated enterprises. - The assessee's appeal is allowed. - AT Highlights Income Tax Sat, 22 Jul 2023 22:55:35 +0530 https://www.taxtmi.com/highlights?id=71047