Thin Capitalization Rules In International Taxation Transfer Pricing
Thin Capitalization Rules in International Taxation Latest Amendment ⇒ It is proposed to limit interest deduction if the following conditions are satisfied: Interest expense claimed by taxpayer is more than INR 1 crore (INR 10 million or USD 1,48,372[1])Such Interest expense is paid / payable to its associates enterprises (non-resident) The key features of proposed amendments are as follows: Interest expenses claimed by any entity to its associates enterprises restricted to 30% of its EBITDA or interest paid or payable to associates enterprises whichever is less....