Relief to HP: ITAT allows Working Capital Adjustment Claim [Read Order]

By Taxscan Team - On October 28, 2022 2:34 pm - 2 mins read
HP - ITAT - allows - Working - Capital - Adjustment - Claim - TAXSCAN

The Income Tax Appellate Tribunal (ITAT), Bengaluru Bench allowed working capital adjustment claim, thereby granting relief to M/s. Hewlett-Packard (India) Software Operation Pvt. Ltd. The assessee,M/s. Hewlett-Packard (India) Software Operation Pvt. Ltd is a private limited company and is the wholly owned subsidiary of Compaq Computer Holdings Ltd., Mauritius and is ultimately held by Hewlett…

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