Transfer pricing - Addition on account of the interest on ...
Interest on Receivables: Six-Month Grace Period Deemed Reasonable; No Interest Levied for Year-End Outstanding Balances.
July 30, 2018
Case Laws Income Tax AT
Transfer pricing - Addition on account of the interest on receivables - the six months period granted by assessee is reasonable and so no interest can be levied just because the amounts are shown as outstanding in the balance sheet at the end of the year.
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