https://www.taxtmi.com/caselaws?id=765421 ITAT Delhi dismissed assessee's appeal regarding TP adjustment on trade receivables, following Kusum Health Care precedent that factoring receivables impact in working capital adjustment precludes further adjustment to avoid distorting profitability. The gratuity provision disallowance issue was remitted to AO for verification of whether provisions were already added to income computation. Late payment of PF/ESI contributions was upheld following Checkmate Services SC decision, as payments were belated under respective statutes. Appeal was partly allowed for statistical purposes only. en-us Wed, 29 Jan 2025 00:00:00 +0530 Fri, 31 Jan 2025 07:54:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765421 ITAT Delhi dismissed assessee's appeal regarding TP adjustment on trade receivables, following Kusum Health Care precedent that factoring receivables impact in working capital adjustment precludes further adjustment to avoid distorting profitability. The gratuity provision disallowance issue was remitted to AO for verification of whether provisions were already added to income computation. Late payment of PF/ESI contributions was upheld following Checkmate Services SC decision, as payments were belated under respective statutes. Appeal was partly allowed for statistical purposes only. Case-Laws Income Tax Wed, 29 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765421