https://www.taxtmi.com/caselaws?id=281353 The tribunal ruled in favor of the appellant, finding that the upward adjustment for delayed realization of sales invoices was unjustified. Citing precedent cases, the tribunal held that the cost of funds blocked in the credit period was already factored into the sale price. As a result, the impugned ALP adjustment of Rs. 37,67,667/- was deleted, and the appeal was allowed on May 16, 2018. en-us Wed, 16 May 2018 00:00:00 +0530 Sat, 15 Jun 2019 07:49:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281353 The tribunal ruled in favor of the appellant, finding that the upward adjustment for delayed realization of sales invoices was unjustified. Citing precedent cases, the tribunal held that the cost of funds blocked in the credit period was already factored into the sale price. As a result, the impugned ALP adjustment of Rs. 37,67,667/- was deleted, and the appeal was allowed on May 16, 2018. Case-Laws Income Tax Wed, 16 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281353