https://www.taxtmi.com/caselaws?id=468194 Delayed realisation of trade receivables from associated enterprises was treated as capable of constituting an international transaction for transfer pricing purposes, so an arm's length interest adjustment was sustained in principle. The computation of that adjustment, however, required examination of the assessee's plea that outstanding payables to associated enterprises should be netted off against receivables before final quantification. That factual and computational issue was remitted for fresh consideration by the Assessing Officer and Transfer Pricing Officer, leaving only the quantum aspect open while upholding the adjustment principle. en-us Wed, 06 Sep 2023 00:00:00 +0530 Tue, 21 Apr 2026 16:51:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468194 Delayed realisation of trade receivables from associated enterprises was treated as capable of constituting an international transaction for transfer pricing purposes, so an arm's length interest adjustment was sustained in principle. The computation of that adjustment, however, required examination of the assessee's plea that outstanding payables to associated enterprises should be netted off against receivables before final quantification. That factual and computational issue was remitted for fresh consideration by the Assessing Officer and Transfer Pricing Officer, leaving only the quantum aspect open while upholding the adjustment principle. Case-Laws Income Tax Wed, 06 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468194