Working Capital Adjustment on Outstanding Trade Receivable has to be Verified While Making ALP Adjustment on Notional Interest: ITAT [Read Order]

The ITAT remanded the matter back to TPO to verify the quantum of working capital adjustment vis a vis credit period made available to non-AEs.
ITAT - Working Capital Adjustment - ALP Adjustment on Notional Interest - Arm’s Length Price - Interest - Taxscan

The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) while remitting the issue of transfer pricing adjustment regarding interest on overdue trade receivables held that working capital adjustment on outstanding trade receivables has to be verified while making Arm’s Length Price ( ALP ) adjustment on notional interest. Intas Pharmaceuticals Limited, the…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here
taxscan-loader