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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Notional interest charged on receivables outstanding beyond 180 ...

Income Tax

April 6, 2015

Notional interest charged on receivables outstanding beyond 180 days - If the pricing/ profitability of the assessee are more than the working capital adjusted margin of the comparables, then additional imputation of interest on the outstanding receivables is not warranted. - AT

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