https://www.taxtmi.com/caselaws?id=471266 Delayed trade receivables from associated enterprises remain international transactions subject to transfer-pricing review after a reasonable credit period, even where no interest is charged to either associated or non-associated enterprises. A 60-day credit period applies for benchmarking. Notional interest must be recomputed by considering interest-free associated-enterprise trade payables against receivables, including their respective outstanding periods. Foreign-currency receivables require a currency-specific benchmark, using LIBOR plus 200 basis points rather than domestic rupee deposit rates. Receivables must also be evaluated with the underlying sales transaction, including aggregation principles and any working-capital adjustment reflected in profitability. en-us Fri, 25 Jul 2025 00:00:00 +0530 Wed, 26 Aug 2026 21:12:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471266 Delayed trade receivables from associated enterprises remain international transactions subject to transfer-pricing review after a reasonable credit period, even where no interest is charged to either associated or non-associated enterprises. A 60-day credit period applies for benchmarking. Notional interest must be recomputed by considering interest-free associated-enterprise trade payables against receivables, including their respective outstanding periods. Foreign-currency receivables require a currency-specific benchmark, using LIBOR plus 200 basis points rather than domestic rupee deposit rates. Receivables must also be evaluated with the underlying sales transaction, including aggregation principles and any working-capital adjustment reflected in profitability. Case-Laws Income Tax Fri, 25 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471266