Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2022 (4) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (4) TMI 716 - AT - Income TaxTP adjustment - MAM selection - addition made towards overdue receivables from Associated Enterprises - HELD THAT:- When TNMM method has been applied as most appropriate method it could take care of all notional interest costs wherever it could be applied and there could be no separate upward adjustments on export receivables for belated realization of export bills. Hence, we direct the Assessing Officer to delete upward adjustment made towards overdue receivables from Associated Enterpriseswe direct the Assessing Officer to delete upward adjustment made towards overdue receivables from Associated Enterprises.
|