https://www.taxtmi.com/caselaws?id=433337 The tribunal partly allowed the appeals, directing the Ld. TPO to recompute the arm's length price for transfer pricing adjustments and delete the imputation of notional interest on outstanding receivables. The tribunal upheld the determination of the arm's length price for interest on external commercial borrowings and the disallowance of reimbursement of expenses. Additionally, the tribunal allowed the amortization of leasehold charges as revenue expenditure during the relevant assessment year. en-us Mon, 23 Jan 2023 00:00:00 +0530 Wed, 10 May 2023 15:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433337 The tribunal partly allowed the appeals, directing the Ld. TPO to recompute the arm's length price for transfer pricing adjustments and delete the imputation of notional interest on outstanding receivables. The tribunal upheld the determination of the arm's length price for interest on external commercial borrowings and the disallowance of reimbursement of expenses. Additionally, the tribunal allowed the amortization of leasehold charges as revenue expenditure during the relevant assessment year. Case-Laws Income Tax Mon, 23 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433337