TMI BlogTP Adjustment - interest on outstanding receivables - The realization of invoices were made with...TP Adjustment - interest on outstanding receivables - The realization of invoices were made with abnormal delay. This, in our considered opinion, tantamount to indirect funding made by the assessee to its AEs by allowing the AE to utilize funds of the assessee as per its whims and fancies. Merely because the assessee is a debt free company, it cannot allow its funds to be utilized by its AE for an indefinite period of time beyond the agreed credit period. - the outstanding receivables from AE co..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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