DY. COMMISSIONER OF INCOME TAX , CIRCLE-17(1), HYDERABAD vs. DR.REDDY'S LABORATORIES LIMITED, HYDERABAD

In the result, appeals of the Revenue in ITA No

Bench: Shri Laxmi Prasad Sahu & Shri K.Narasimha Charyआ.अपी.सं / "नधा"रण अपीलाथ" / "" यथ" /

269/- as transfer pricing adjustment. Before the Ld. CIT(A), assessee pleaded that during the assessment year 2006-07, the Tribunal in their own case ruled that the basis of interest shall be LIBOR+2% which is equivalent to 7% for the assessment year 2006-07. 5. Ld. CIT(A) followed the view taken by his predecessor in assessee

DR.REDDY'S LABORATORIES LIMITED ,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-17(1), HYDERABAD

In the result, appeals of the Revenue in ITA No