https://www.taxtmi.com/caselaws?id=770602 ITAT Delhi held that TPO's adjustment on outstanding receivables from associated enterprise constitutes international transaction requiring transfer pricing scrutiny. However, tribunal found merit in assessee's contention that no interest was charged on receivables from third parties for similar services. Matter remanded to AO/TPO for fresh examination to determine whether comparable unrelated party transactions existed without interest charges. If similar services to unrelated parties carried no interest on receivables, no notional interest should be imputed on AE receivables. Appeal partly allowed with directions for de novo adjudication. en-us Fri, 02 May 2025 00:00:00 +0530 Wed, 14 May 2025 07:48:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770602 ITAT Delhi held that TPO's adjustment on outstanding receivables from associated enterprise constitutes international transaction requiring transfer pricing scrutiny. However, tribunal found merit in assessee's contention that no interest was charged on receivables from third parties for similar services. Matter remanded to AO/TPO for fresh examination to determine whether comparable unrelated party transactions existed without interest charges. If similar services to unrelated parties carried no interest on receivables, no notional interest should be imputed on AE receivables. Appeal partly allowed with directions for de novo adjudication. Case-Laws Income Tax Fri, 02 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770602