https://www.taxtmi.com/caselaws?id=348956 The Tribunal ruled in favor of the assessee on the interest issue, rejecting the separate consideration of outstanding receivables as international transactions. Grounds 4 & 5 were allowed. Regarding depreciation disallowance, the matter was partially allowed, remanding it for further verification by the Assessing Officer. The judgment did not provide detailed resolution on the computation of demand issue. The decision emphasized that outstanding receivables should not impact pricing or profitability, aligning with the principles from the Kusum Health Care Pvt. Ltd case. en-us Tue, 08 Aug 2017 00:00:00 +0530 Thu, 05 Oct 2017 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348956 The Tribunal ruled in favor of the assessee on the interest issue, rejecting the separate consideration of outstanding receivables as international transactions. Grounds 4 & 5 were allowed. Regarding depreciation disallowance, the matter was partially allowed, remanding it for further verification by the Assessing Officer. The judgment did not provide detailed resolution on the computation of demand issue. The decision emphasized that outstanding receivables should not impact pricing or profitability, aligning with the principles from the Kusum Health Care Pvt. Ltd case. Case-Laws Income Tax Tue, 08 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348956