https://www.taxtmi.com/caselaws?id=468218 Transfer pricing adjustment on alleged interest imputation for outstanding receivables from associated enterprises was held unsustainable where the assessee was debt-free, the receivables were within the contractual credit period context, and the working capital adjustment had already captured the receivables impact. The tribunal noted that the Revenue could not substitute its own view of the business arrangement without showing that the delay in realisation gave a separate benefit to the associated enterprises. The separate interest adjustment was therefore deleted. en-us Fri, 14 Feb 2025 00:00:00 +0530 Tue, 21 Apr 2026 13:26:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468218 Transfer pricing adjustment on alleged interest imputation for outstanding receivables from associated enterprises was held unsustainable where the assessee was debt-free, the receivables were within the contractual credit period context, and the working capital adjustment had already captured the receivables impact. The tribunal noted that the Revenue could not substitute its own view of the business arrangement without showing that the delay in realisation gave a separate benefit to the associated enterprises. The separate interest adjustment was therefore deleted. Case-Laws Income Tax Fri, 14 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468218