https://www.taxtmi.com/caselaws?id=314246 ITAT Bengaluru ruled on transfer pricing adjustment for royalty payments, holding that 4% royalty rate should be treated at arm's length price based on tribunal's own precedent from AY 2013-14. Regarding notional interest computation, matter was restored to AO for fresh examination to determine whether interest income is real or notional, directing that notional interest should not be taxed. On tax collected at source credit claim, tribunal directed AO to examine assessee's claim and decide according to law. en-us Tue, 28 Feb 2023 00:00:00 +0530 Mon, 27 May 2024 21:06:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314246 ITAT Bengaluru ruled on transfer pricing adjustment for royalty payments, holding that 4% royalty rate should be treated at arm's length price based on tribunal's own precedent from AY 2013-14. Regarding notional interest computation, matter was restored to AO for fresh examination to determine whether interest income is real or notional, directing that notional interest should not be taxed. On tax collected at source credit claim, tribunal directed AO to examine assessee's claim and decide according to law. Case-Laws Income Tax Tue, 28 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314246