https://www.taxtmi.com/highlights?id=75289 TP Adjustment - interest charged on foreign currency loan - The Tribunal ruled in favor of the Assessee, finding that the interest charged on the loan to its Associated Enterprise was at an arm's length rate. As a result, the appeal of the Assessee was allowed, and the addition sustained by the CIT(A) was directed to be deleted. en-us Thu, 29 Feb 2024 07:55:39 +0530 Thu, 29 Feb 2024 07:55:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=75289 TP Adjustment - interest charged on foreign currency loan - The Tribunal ruled in favor of the Assessee, finding that the interest charged on the loan to its Associated Enterprise was at an arm's length rate. As a result, the appeal of the Assessee was allowed, and the addition sustained by the CIT(A) was directed to be deleted. Highlights Income Tax Thu, 29 Feb 2024 07:55:39 +0530 https://www.taxtmi.com/highlights?id=75289