https://www.taxtmi.com/caselaws?id=470370 Foreign-currency trade receivables from associated enterprises require separate transfer-pricing benchmarking using the currency of repayment, rather than an Indian-rupee domestic deposit rate; the article identifies LIBOR plus 200 basis points as appropriate on the stated facts. It states that the assessment order was timely and valid because it bore a DIN, was uploaded within time, and resulted in a refund, so no demand notice was required. Management-fee, intra-group service, duplicate provident-fund adjustment, and foreign tax credit claims require factual verification. Employees' provident-fund contributions paid after the statutory due date remain non-deductible despite payment before the return-filing due date. en-us Wed, 19 Mar 2025 00:00:00 +0530 Fri, 24 Jul 2026 21:47:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470370 Foreign-currency trade receivables from associated enterprises require separate transfer-pricing benchmarking using the currency of repayment, rather than an Indian-rupee domestic deposit rate; the article identifies LIBOR plus 200 basis points as appropriate on the stated facts. It states that the assessment order was timely and valid because it bore a DIN, was uploaded within time, and resulted in a refund, so no demand notice was required. Management-fee, intra-group service, duplicate provident-fund adjustment, and foreign tax credit claims require factual verification. Employees' provident-fund contributions paid after the statutory due date remain non-deductible despite payment before the return-filing due date. Case-Laws Income Tax Wed, 19 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470370