erred in imputing interest on such delayed
debtors at the rate of LIBOR + 200 basis points even when the
assessee has shown ... Appeals) is justified in directing to adopt rate of interest @
LIBOR+200 basis points on account of interest on delayed receivables
without giving any direction
erred in imputing interest on such delayed
debtors at the rate of LIBOR + 200 basis points even when the
assessee has shown ... Appeals) is justified in directing to adopt rate of interest @
LIBOR+200 basis points on account of interest on delayed receivables
without giving any direction
erred in imputing interest on such delayed
debtors at the rate of LIBOR + 200 basis points even when the
assessee has shown ... Appeals) is justified in directing to adopt rate of interest @
LIBOR+200 basis points on account of interest on delayed receivables
without giving any direction
2021
Concentrix Daksh Services India Pvt. Ltd.
1 2015-16 Yes LIBOR+400 LIBOR+400
basis points basis points
2 2016-17 Yes and invoice ... wise LIBOR+400 LIBOR+400
analysis done basis points basis points
2017-18 Yes and invoice wise LIBOR+400 LIBOR+400
analysis done basis points
erred in imputing interest on such delayed
debtors at the rate of LIBOR + 200 basis points even when the
assessee has shown ... Appeals) is justified in directing to adopt rate of interest @
LIBOR+200 basis points on account of interest on delayed receivables
without giving any direction
adopting SBI prime lending rate for computing notional
interest instead of applying LIBOR.
Page 2 of 36
ITA No 487 of 2022 TEK Systems Global ... coordinate benches of this Hon'ble Tribunal
upholding the position that LIBOR + 200 bps ought to be applied, instead
of the SBI deposit rates
interest rate as per comparable
quotation of Bank of India (6 months Libor plus 425 bps) and added a spread
of 200 bps towards letter ... length
interest rate, as against 3 Month LIBOR+ 425 bps applied by the Assessee.
Hon'ble DRP vide its order has granted partial relief
accepting the interest rate on similar
foreign currency receivables/advances as LIBOR+200 points, and if the
Bench comes to the conclusion that the assessee ... taxmann.com 523 (Delhi)
wherein it was held that interest at LIBOR rates as the rate prevailing in
country where the loan is received/consumed
accepting the interest rate on similar
foreign currency receivables/advances as LIBOR+200 points, and if the
Bench comes to the conclusion that the assessee ... taxmann.com 523 (Delhi)
wherein it was held that interest at LIBOR rates as the rate prevailing in
country where the loan is received/consumed
such advances at the rate of 1
months LIBOR plus 300 basis points which is 3.23% p.a. approx and the same was
declared ... tenure
of 3 months at the rate of 6 months LIBOR + 225 basis points i.e. 2.937% p.a. approx.
and the assessee has charged
