https://www.taxtmi.com/caselaws?id=307001 The Tribunal set aside the Transfer Pricing Officer's adjustment on outstanding trade receivables, remitting the matter for fresh consideration in line with previous judgments. The assessee was granted a reasonable opportunity to present their case in the new proceedings. The decision highlighted the importance of thoroughly examining the nature of outstanding receivables and their impact on working capital before determining if interest should be imputed as part of transfer pricing adjustments. The appeal was allowed for statistical purposes. en-us Wed, 16 Mar 2022 00:00:00 +0530 Sun, 12 Mar 2023 10:11:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307001 The Tribunal set aside the Transfer Pricing Officer's adjustment on outstanding trade receivables, remitting the matter for fresh consideration in line with previous judgments. The assessee was granted a reasonable opportunity to present their case in the new proceedings. The decision highlighted the importance of thoroughly examining the nature of outstanding receivables and their impact on working capital before determining if interest should be imputed as part of transfer pricing adjustments. The appeal was allowed for statistical purposes. Case-Laws Income Tax Wed, 16 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307001