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Transfer Pricing Evaluation Confirms No Additional Fees Required for ECB Support Services; Fees at Arm's Length.
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....TP adjustments in relation to support services in relation to External Commercial Borrowings (ECBs). - The said receipt of fee / commission income has been accepted to be at arm’s length. Hence, there is no question of further fee that is required for the assessee in respect of continuing ECBs. - No additions.....
TaxTMI