https://www.taxtmi.com/caselaws?id=433327 The tribunal allowed the appeal for statistical purposes, directing the Taxation Officer to grant the working capital adjustment for arm's length price determination after reviewing the detailed workings provided by the assessee. The decision emphasized the significance of considering working capital adjustments in transfer pricing assessments and maintaining consistency in applying such adjustments based on past practices and detailed taxpayer submissions. Other grounds raised by the assessee were deemed academic in light of this decision and left open without opinion. en-us Tue, 10 Jan 2023 00:00:00 +0530 Wed, 25 Jan 2023 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433327 The tribunal allowed the appeal for statistical purposes, directing the Taxation Officer to grant the working capital adjustment for arm's length price determination after reviewing the detailed workings provided by the assessee. The decision emphasized the significance of considering working capital adjustments in transfer pricing assessments and maintaining consistency in applying such adjustments based on past practices and detailed taxpayer submissions. Other grounds raised by the assessee were deemed academic in light of this decision and left open without opinion. Case-Laws Income Tax Tue, 10 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433327