https://www.taxtmi.com/caselaws?id=778082 ITAT Bangalore allowed the taxpayer's appeal in part, directing the TPO/AO to reconsider the working-capital adjustment (and thereby potential deletion of interest-on-overdue-receivables additions) after examining the assessee's TP study. A fresh claim for interest on CCDs was permitted to be substantiated before the AO and, if proven, allowed. The tribunal also held reimbursements to an AE were cost-to-cost with no income element, ordering deletion of the disallowance under s.40(a)(ia). Relevant HC/SC precedents were applied in remitting issues back for fresh adjudication. en-us Mon, 18 Aug 2025 00:00:00 +0530 Wed, 10 Sep 2025 08:39:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778082 ITAT Bangalore allowed the taxpayer's appeal in part, directing the TPO/AO to reconsider the working-capital adjustment (and thereby potential deletion of interest-on-overdue-receivables additions) after examining the assessee's TP study. A fresh claim for interest on CCDs was permitted to be substantiated before the AO and, if proven, allowed. The tribunal also held reimbursements to an AE were cost-to-cost with no income element, ordering deletion of the disallowance under s.40(a)(ia). Relevant HC/SC precedents were applied in remitting issues back for fresh adjudication. Case-Laws Income Tax Mon, 18 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778082