3 results for “transfer pricing”+ Section 253(2)clear
Sorted by relevance
Bench: Shri B. R. Baskaran & Shri Sandeep Gosain
2. Common issue urged in these appeals relate to disallowance of interest expenditure claimed by the assessee. 3. The assessee is engaged in the business of generation and sale of electricity. During the year relevant to A.Y 2013-14, the assessee claimed interest expenses of Rs. 11.35 crores, which included interest payment of Rs. 3.00 crores made to M/s Adarsh