https://www.taxtmi.com/caselaws?id=434590 The tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to verify the absence of interest charged on receivables from non-AEs, consider the appellant's economic analysis, and re-examine outstanding receivables as unsecured loans. The tribunal emphasized the importance of proper verification before making adjustments and compliance with the law regarding TDS credit, proposed interest charges, and penalty initiation under the Income-tax Act, 1961 for Assessment Year 2015-16. en-us Tue, 11 Oct 2022 00:00:00 +0530 Tue, 28 Feb 2023 08:39:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434590 The tribunal allowed the appeal for statistical purposes, directing the Assessing Officer to verify the absence of interest charged on receivables from non-AEs, consider the appellant's economic analysis, and re-examine outstanding receivables as unsecured loans. The tribunal emphasized the importance of proper verification before making adjustments and compliance with the law regarding TDS credit, proposed interest charges, and penalty initiation under the Income-tax Act, 1961 for Assessment Year 2015-16. Case-Laws Income Tax Tue, 11 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434590