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2022 (5) TMI 819 - AT - Income TaxTP Adjustment - loan advanced to the Associated Enterprise [AE] should have been bench marked with interest rate to its AE with SBI PLR as the loan has been advanced from India in Indian currency of the recipient AE in US dollars - CIT-A deleted the addition - HELD THAT:- Considering the past history of the assessee wherein the appellate authorities have followed the decision of the Hon'ble Jurisdictional High Court in the case of Cotton Natural 2015 (3) TMI 1031 - DELHI HIGH COURT we do not find any reason to interfere with the findings of the ld. CIT(A). The captioned appeals by the revenue are, accordingly, dismissed.
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