TP Adjustment - outstanding receivables having delay beyond 30 ...

Transfer Pricing Case: No Income Adjustments for Receivables Delayed Beyond 30 Days, Deemed Reasonable Not Unsecured Loans.

August 28, 2019

Case Laws Income Tax AT

TP Adjustment - outstanding receivables having delay beyond 30 days - Since the receivables have been received within ordinary time period, it cannot be recharacterized as unsecured loans and accordingly, no adjustment on account of delay in receipt of receivable can be made in the income of the assessee considering the fact that delay is not inordinate but reasonable - no addition

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TP Adjustment - outstanding receivables having delay beyond 30 ...

Transfer Pricing Case: No Income Adjustments for Receivables Delayed Beyond 30 Days, Deemed Reasonable Not Unsecured Loans.

August 28, 2019

Case Laws Income Tax AT

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