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How do you rate your relationship with your CFO

Very good, they understand TP requirements well enough
8%
Good but there's room for improvement
30%
Good but TP is not their main concern
52%
They do not understand the requirements of the TP department
10%


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Interest rate on a cross-border loan must be arm’s length

February 16, 2010

Hasnain Shroff and Poonam Ghelani in India look at the important VVF Limited case.

In a recent transfer pricing ruling the Mumbai Tribunal disallowed the claim of the taxpayer to provide interest-free loans to its overseas subsidiaries.

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