https://www.taxtmi.com/caselaws?id=401592 The Tribunal held that outstanding receivables related to the sale of services to associated enterprises did not require a separate adjustment for imputation of interest as it was already factored into the working capital adjustments. Additionally, it was determined that if a working capital adjustment was granted to the assessee, no further adjustment to the arm's length price of outstanding receivables was necessary. The Tribunal also addressed other grounds raised by the assessee, allowing the appeal based on detailed analysis and findings on the primary issues discussed. en-us Thu, 26 Nov 2020 00:00:00 +0530 Thu, 10 Dec 2020 17:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401592 The Tribunal held that outstanding receivables related to the sale of services to associated enterprises did not require a separate adjustment for imputation of interest as it was already factored into the working capital adjustments. Additionally, it was determined that if a working capital adjustment was granted to the assessee, no further adjustment to the arm's length price of outstanding receivables was necessary. The Tribunal also addressed other grounds raised by the assessee, allowing the appeal based on detailed analysis and findings on the primary issues discussed. Case-Laws Income Tax Thu, 26 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401592