The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) while dealing with multiple transfer pricing and corporate tax issues including disallowance under Section 14A, taxation of notional interest on advances, arm’s length pricing for loans granted to associated enterprises (AEs), outstanding receivables and comparable selection under transfer pricing provisions. The bench of Vimal Kumar…
HomeDirect TaxNotional Interest Cannot Be Taxed Without Actual Accrual; ITAT Directs LIBOR-Based Benchmarking...
Notional Interest Cannot Be Taxed Without Actual Accrual; ITAT Directs LIBOR-Based Benchmarking for Foreign Currency Loans to AEs
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.
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