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Income Tax - Highlights / Catch Notes

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TP Adjustment - Grant of negative working capital adjustment - ...

Income Tax

February 8, 2021

TP Adjustment - Grant of negative working capital adjustment - Since the assessee does not have any working capital risk, the question of negative working capital does not arise - TPO is directed to compute the ALP in the light of the directions as given above, after affording Assessee opportunity of being heard. - AT

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