https://www.taxtmi.com/highlights?id=104890 Transfer-pricing adjustments for notional interest on delayed trade receivables may not be warranted where the taxpayer is completely debt-free and bears no interest cost on borrowings. The taxpayer's debt-free position requires verification from financial records before the adjustment can be removed. Verification is limited to that factual status; once established, the adjustment for interest on outstanding trade receivables is to be deleted. The matter is remitted for this limited verification, with consequential relief dependent on confirmation of the debt-free status. en-us Tue, 13 Oct 2026 10:03:02 +0530 Tue, 13 Oct 2026 10:03:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=104890 Transfer-pricing adjustments for notional interest on delayed trade receivables may not be warranted where the taxpayer is completely debt-free and bears no interest cost on borrowings. The taxpayer's debt-free position requires verification from financial records before the adjustment can be removed. Verification is limited to that factual status; once established, the adjustment for interest on outstanding trade receivables is to be deleted. The matter is remitted for this limited verification, with consequential relief dependent on confirmation of the debt-free status. Highlights Income Tax Tue, 13 Oct 2026 10:03:02 +0530 https://www.taxtmi.com/highlights?id=104890