{"id":53882,"date":"2025-05-08T16:08:24","date_gmt":"2025-05-08T10:38:24","guid":{"rendered":"https:\/\/itatonline.org\/digest\/aurobindo-pharma-ltd-v-acit-2024-231-ttj-81uo-hydtrib\/"},"modified":"2025-05-08T16:08:24","modified_gmt":"2025-05-08T10:38:24","slug":"aurobindo-pharma-ltd-v-acit-2024-231-ttj-81uo-hydtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/aurobindo-pharma-ltd-v-acit-2024-231-ttj-81uo-hydtrib\/","title":{"rendered":"Aurobindo Pharma Ltd v. ACIT (2024) 231 TTJ 81(UO) (Hyd)(Trib)"},"content":{"rendered":"<p>Held that\u00a0 interest on outstanding receivables due from AE is an international transaction requiring separate benchmarking; since the loan attributable to the AE is deemed to have been consumed in a country outside India, the arm&#8217;s length interest rate on similar foreign currency receivables\/advances is to be taken as LIBOR+200 points. (AY. 2017-18)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 92C : Transfer pricing-Arm\u2019s length price-Avoidance of tax-International transaction-Interest on receivables-Interest on outstanding receivables from AE-International transaction-60 days and 240 days-The arm&#8217;s length interest rate on similar foreign currency receivables\/advances is to be taken as LIBOR+200 points.  [S.92B] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-53882","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-e14","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/53882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=53882"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/53882\/revisions"}],"predecessor-version":[{"id":53883,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/53882\/revisions\/53883"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=53882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=53882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=53882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}