https://www.taxtmi.com/caselaws?id=405727 The Tribunal dismissed the assessee's miscellaneous application seeking rectification of errors in the coordinate bench's order. It rejected additional grounds of appeal related to working capital adjustment and financial conditions of the associated enterprise. The Tribunal held that outstanding receivables were not trade receivables but advances to the associated enterprise, denying the need for working capital adjustment. The decision emphasized the unique facts of the case and upheld the earlier ruling, finding no mistakes in the order. en-us Tue, 23 Mar 2021 00:00:00 +0530 Fri, 26 Mar 2021 08:49:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405727 The Tribunal dismissed the assessee's miscellaneous application seeking rectification of errors in the coordinate bench's order. It rejected additional grounds of appeal related to working capital adjustment and financial conditions of the associated enterprise. The Tribunal held that outstanding receivables were not trade receivables but advances to the associated enterprise, denying the need for working capital adjustment. The decision emphasized the unique facts of the case and upheld the earlier ruling, finding no mistakes in the order. Case-Laws Income Tax Tue, 23 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405727