https://www.taxtmi.com/highlights?id=63942 TP Adjustment - No adjustment towards working capital has been allowed to the assessee - One has to see that reasonable adjustment is being made so as to bring both comparable and test party on same footing. Therefore, working capital adjustment has to be allowed. - The issue with regard to the grant of working capital adjustment should be directed to be examined by the TPO/AO afresh in the light of the decision of the tribunal referred to above, after affording the Assessee opportunity of being heard. - AT en-us Wed, 08 Jun 2022 08:45:34 +0530 Wed, 08 Jun 2022 08:45:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=63942 TP Adjustment - No adjustment towards working capital has been allowed to the assessee - One has to see that reasonable adjustment is being made so as to bring both comparable and test party on same footing. Therefore, working capital adjustment has to be allowed. - The issue with regard to the grant of working capital adjustment should be directed to be examined by the TPO/AO afresh in the light of the decision of the tribunal referred to above, after affording the Assessee opportunity of being heard. - AT Highlights Income Tax Wed, 08 Jun 2022 08:45:34 +0530 https://www.taxtmi.com/highlights?id=63942