https://www.taxtmi.com/caselaws?id=305998 The ITAT partially allowed the appeal challenging Transfer Pricing assessment on notional interest on outstanding payments from associated enterprises. It directed the TPO to re-examine the working capital adjustment and determined that no adjustment on notional interest for outstanding receivables was required if the working capital adjustment was found to be correct, based on established legal principles and precedents. en-us Mon, 31 Jan 2022 00:00:00 +0530 Wed, 04 Jan 2023 08:32:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305998 The ITAT partially allowed the appeal challenging Transfer Pricing assessment on notional interest on outstanding payments from associated enterprises. It directed the TPO to re-examine the working capital adjustment and determined that no adjustment on notional interest for outstanding receivables was required if the working capital adjustment was found to be correct, based on established legal principles and precedents. Case-Laws Income Tax Mon, 31 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305998