https://www.taxtmi.com/caselaws?id=468197 Outstanding receivables from associated enterprises were not treated as an automatic international transaction for transfer pricing purposes; a separate adjustment required case-specific analysis of receivable patterns, working capital impact, and whether any real benefit accrued to the associated enterprise. The record did not show a proper statistical comparison or factual enquiry to support the adjustment, and the receivable period was not shown to be adverse to the assessee on the figures considered by the transfer pricing authority. As the assessee was debt free, no separate interest cost was established to justify an addition. The upward transfer pricing adjustment on receivables was therefore deleted as unsustainable. en-us Wed, 11 Sep 2024 00:00:00 +0530 Tue, 21 Apr 2026 18:59:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468197 Outstanding receivables from associated enterprises were not treated as an automatic international transaction for transfer pricing purposes; a separate adjustment required case-specific analysis of receivable patterns, working capital impact, and whether any real benefit accrued to the associated enterprise. The record did not show a proper statistical comparison or factual enquiry to support the adjustment, and the receivable period was not shown to be adverse to the assessee on the figures considered by the transfer pricing authority. As the assessee was debt free, no separate interest cost was established to justify an addition. The upward transfer pricing adjustment on receivables was therefore deleted as unsustainable. Case-Laws Income Tax Wed, 11 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468197