imputing an interest of INR
96,03,898/- based on 6 months LIBOR plus a mark-up of 400 basis points. In
doing ... mark up of 400 basis points over and
above the 6 months LIBOR for calculating the rate of interest;
b) not giving benefit of early
imputing an interest of INR
96,03,898/- based on 6 months LIBOR plus a mark-up of 400 basis points. In
doing ... mark up of 400 basis points over and
above the 6 months LIBOR for calculating the rate of interest;
b) not giving benefit of early
three month's nk Offered Rate(
month London Inter Bank Rate(LIBOR)
, which would be computed on the basis of 360 days year.
year ... interest was made payable
at the rate of six months LIBOR and period of interest payment was
made six monthly, simultaneously, the first payment
three month's nk Offered Rate(
month London Inter Bank Rate(LIBOR)
, which would be computed on the basis of 360 days year.
year ... interest was made payable
at the rate of six months LIBOR and period of interest payment was
made six monthly, simultaneously, the first payment
fixed rate of interest of 8.113%, which was based on LIBOR + 600
basis points, since the assessee had charged interest but the same ... submitted that, on these loans, interest was
charged at LIBOR plus 142 basis point and thus, the total
interest was determined
have appreciated the
facts that the assessee company paid interest rate LIBOR
+ 5% half yearly. However, as per the base rate of SBI,
bank interest ... rate of interest paid by the assessee on the
ECB of LIBOR+5% half yearly paid by assessee.
3
ITA No.451/Hyd/2022
international market for foreign currency loans. (i.e. at USD "LIBOR plus").
(ii) Determining the arm's length credit period ... held that the interest on trade receivables should be
benchmarked at LIBOR +200 basis points. Accordingly, the Ld. AR prayed
before the bench to direct
international market for foreign currency loans. (i.e. at USD "LIBOR plus").
(ii) Determining the arm's length credit period ... held that the interest on trade receivables should be
benchmarked at LIBOR +200 basis points. Accordingly, the Ld. AR prayed
before the bench to direct
paid on External
Commercial Borrowings [in short "ECBs"] by adopting
LIBOR plus 200 basis points as against LIBOR plus 500
basis points interest ... Officer to compute interest on delayed receivables from AEs
by applying USD LIBOR plus 200 basis points after
considering credit period of 90 days
paid on External
Commercial Borrowings [in short "ECBs"] by adopting
LIBOR plus 200 basis points as against LIBOR plus 500
basis points interest ... Officer to compute interest on delayed receivables from AEs
by applying USD LIBOR plus 200 basis points after
considering credit period of 90 days
