https://www.taxtmi.com/caselaws?id=369214 The ITAT set aside the CIT(A)'s order and directed the AO to delete the interest charged on outstanding receivables, following the decision of the Delhi High Court and other coordinate benches. The appeal of the assessee, engaged in IT solutions, was allowed as the court found that not all receivables constitute international transactions, emphasizing the need for a proper inquiry by the TPO to establish the arrangement's benefit to the associated enterprise. en-us Wed, 17 Oct 2018 00:00:00 +0530 Tue, 23 Oct 2018 06:52:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369214 The ITAT set aside the CIT(A)'s order and directed the AO to delete the interest charged on outstanding receivables, following the decision of the Delhi High Court and other coordinate benches. The appeal of the assessee, engaged in IT solutions, was allowed as the court found that not all receivables constitute international transactions, emphasizing the need for a proper inquiry by the TPO to establish the arrangement's benefit to the associated enterprise. Case-Laws Income Tax Wed, 17 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369214