https://www.taxtmi.com/caselaws?id=798561 Working-capital adjustments in transfer-pricing benchmarking may be required where differences in inventory, trade receivables and trade payables materially affect operating margins and can be eliminated through a reasonably accurate computation. Relief depends on verification of reliable supporting data and the adjustment calculation. An alternative charitable deduction claim for a CSR contribution may be considered at the appellate stage where it arises from facts already on record, even if omitted from the income-tax return. Disallowance of the payment as business expenditure does not independently prevent charitable-deduction eligibility, which remains subject to verification of the donee, receipt, payment mode and statutory limits. en-us Fri, 07 Aug 2026 00:00:00 +0530 Wed, 09 Sep 2026 08:20:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798561 Working-capital adjustments in transfer-pricing benchmarking may be required where differences in inventory, trade receivables and trade payables materially affect operating margins and can be eliminated through a reasonably accurate computation. Relief depends on verification of reliable supporting data and the adjustment calculation. An alternative charitable deduction claim for a CSR contribution may be considered at the appellate stage where it arises from facts already on record, even if omitted from the income-tax return. Disallowance of the payment as business expenditure does not independently prevent charitable-deduction eligibility, which remains subject to verification of the donee, receipt, payment mode and statutory limits. Case-Laws Income Tax Fri, 07 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798561