https://www.taxtmi.com/caselaws?id=292152 The ITAT Hyderabad ruled in favor of the assessee for the A.Y 2014-15, holding that no adjustment was necessary regarding interest on receivables from associated enterprises. The Tribunal supported its decision by applying the TNMM method, comparing industry standards for receivables delay, and relying on previous Tribunal decisions. Consequently, the addition made by the Assessing Officer was deleted, and the appeal was allowed. en-us Fri, 04 Sep 2020 00:00:00 +0530 Tue, 08 Dec 2020 10:38:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292152 The ITAT Hyderabad ruled in favor of the assessee for the A.Y 2014-15, holding that no adjustment was necessary regarding interest on receivables from associated enterprises. The Tribunal supported its decision by applying the TNMM method, comparing industry standards for receivables delay, and relying on previous Tribunal decisions. Consequently, the addition made by the Assessing Officer was deleted, and the appeal was allowed. Case-Laws Income Tax Fri, 04 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292152