TP Adjustment - Interest on loans and advances given to the AEs ...

Income Tax

May 9, 2023

TP Adjustment - Interest on loans and advances given to the AEs - Interest rates vary and are thus dependent on the foreign currency in which the repayment is to be made and, therefore, domestic interest rate should not be applied for determining the interest rate in case of loans to be re-paid in foreign currency. - the ALP of interest shall be determined with reference to the interest rates applicable to the currency in which the loan has to be repaid. - AT

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TP Adjustment - Interest on loans and advances given to the AEs ...

Income Tax

May 9, 2023

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