https://www.taxtmi.com/caselaws?id=800109 Notional interest on outstanding trade receivables from associated enterprises need not attract a separate transfer-pricing adjustment where the taxpayer is completely debt-free. Under the arm's-length framework, delayed recovery does not impose an additional financing burden if the taxpayer has no interest-bearing borrowings and incurs no borrowing cost. The debt-free status for the relevant years must be verified from financial records. If verification confirms complete absence of debt, the notional-interest adjustment on delayed receivables must be deleted. en-us Wed, 23 Sep 2026 00:00:00 +0530 Thu, 01 Oct 2026 07:40:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800109 Notional interest on outstanding trade receivables from associated enterprises need not attract a separate transfer-pricing adjustment where the taxpayer is completely debt-free. Under the arm's-length framework, delayed recovery does not impose an additional financing burden if the taxpayer has no interest-bearing borrowings and incurs no borrowing cost. The debt-free status for the relevant years must be verified from financial records. If verification confirms complete absence of debt, the notional-interest adjustment on delayed receivables must be deleted. Case-Laws Income Tax Wed, 23 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800109