Transfer pricing - arm’s length price - Adjustment to the income ...
Interest on Receivables Adjustment Overturned Due to Higher Profit Margins Acknowledged by TPO in Transfer Pricing Case.
March 5, 2018
Case Laws Income Tax AT
Transfer pricing - arm’s length price - Adjustment to the income of the assessee on account of interest on receivables - since the assessee earned significantly higher margin than the comparable companies, which have been accepted by the TPO, therefore, there was no justification to charge interest on outstandings. - AT
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