https://www.taxtmi.com/caselaws?id=310115 The Tribunal partially allowed the appeal, directing the tax authority to calculate transfer pricing adjustments using a specific interest rate methodology. The recharacterization of trade receivables as a loan and the adoption of an excessive interest rate were key issues. The Tribunal emphasized the need to consider the credit period allowed to the associated enterprise and instructed a fresh determination based on agreement terms. The decision highlighted the importance of proper pricing considering extended credit periods and upheld the need for TP adjustments on delayed payments from the associated enterprise. en-us Wed, 07 Nov 2018 00:00:00 +0530 Sat, 07 Oct 2023 08:32:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310115 The Tribunal partially allowed the appeal, directing the tax authority to calculate transfer pricing adjustments using a specific interest rate methodology. The recharacterization of trade receivables as a loan and the adoption of an excessive interest rate were key issues. The Tribunal emphasized the need to consider the credit period allowed to the associated enterprise and instructed a fresh determination based on agreement terms. The decision highlighted the importance of proper pricing considering extended credit periods and upheld the need for TP adjustments on delayed payments from the associated enterprise. Case-Laws Income Tax Wed, 07 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310115