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    <title>DRP Limits Transfer Pricing Adjustment on Interest from SCB India; Pre-March 2009 PNB Rates Not Applicable.</title>
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    <description>TP adjustment - Interest received by the Appellant from SCB India on fixed deposits - DRP noted that the PNB interest rate card adopted by the TPO was effective from 01/03/2009 only and therefore, directed the TPO/Assessing Officer not to adopt the PNB interest rate card for deposits prior to 01/03/2009 and restricting the adjustment to interest on fixed deposit placed thereafter - Order of DRP sustained - AT</description>
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      <title>DRP Limits Transfer Pricing Adjustment on Interest from SCB India; Pre-March 2009 PNB Rates Not Applicable.</title>
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      <description>TP adjustment - Interest received by the Appellant from SCB India on fixed deposits - DRP noted that the PNB interest rate card adopted by the TPO was effective from 01/03/2009 only and therefore, directed the TPO/Assessing Officer not to adopt the PNB interest rate card for deposits prior to 01/03/2009 and restricting the adjustment to interest on fixed deposit placed thereafter - Order of DRP sustained - AT</description>
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      <pubDate>Mon, 16 Oct 2023 08:41:13 +0530</pubDate>
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