https://www.taxtmi.com/caselaws?id=440375 The Tribunal partly allowed the appeal, ruling that the aggregation of the distribution segment with the assembly/manufacturing segment was not permissible. Additionally, the Tribunal sided with the assessee regarding the treatment of outstanding receivables from associated enterprises as unsecured loans and the imputation of interest thereon. The decision was based on the distinct Functions, Assets, and Risks of the segments and previous case law, ultimately leading to a favorable outcome for the assessee. en-us Wed, 12 Jul 2023 00:00:00 +0530 Sat, 15 Jul 2023 09:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440375 The Tribunal partly allowed the appeal, ruling that the aggregation of the distribution segment with the assembly/manufacturing segment was not permissible. Additionally, the Tribunal sided with the assessee regarding the treatment of outstanding receivables from associated enterprises as unsecured loans and the imputation of interest thereon. The decision was based on the distinct Functions, Assets, and Risks of the segments and previous case law, ultimately leading to a favorable outcome for the assessee. Case-Laws Income Tax Wed, 12 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440375