Transfer Pricing Adjustment: 0.50% Commission on Guarantees & LIBOR+200 Basis Points on Foreign Currency Receivables.

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Full Text of the Document

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....TP adjustment for corporate guarantee commission at 0.50% on guaranteed amount directed. Interest on receivables beyond agreed credit period of 60-240 days for non-AEs to be allowed for AEs. Interest rate on foreign currency receivables/advances accepted as LIBOR+200 points. Weighted deduction u/s 35(2AB) for clinical trial expenses incurred outside approved R&D facilities allowed based on prescribed authority approval and judicial precedents.....