TP adjustment - TPO accepted ALP based on TNMM but sought ...

TPO Confirms No Separate Benchmarking Needed for Notional Interest on Receivables if TNMM Covers Credit Period Impact.

August 13, 2019

Case Laws Income Tax AT

TP adjustment - TPO accepted ALP based on TNMM but sought separate benchmarking of notional interest on the outstanding receivables - if the impact of extended credit period on working capital was factored in the pricing/profitability, then any credit period allowed to AE gets subsumed in TNMM and there is no tax leakage or evasive tactics adopted by the taxpayer while transacting with the AE, and there is no need for a separate benchmarking

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TP adjustment - TPO accepted ALP based on TNMM but sought ...

TPO Confirms No Separate Benchmarking Needed for Notional Interest on Receivables if TNMM Covers Credit Period Impact.

August 13, 2019

Case Laws Income Tax AT

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