TP Adjustment - Addition towards interest on receivables - ...
Transfer Pricing Adjustment Confirmed Due to Lack of Comparable Instances in Arm's Length Transactions with Associated Enterprise.
April 14, 2023
Case Laws Income Tax AT
TP Adjustment - Addition towards interest on receivables - though the assessee was required to maintain the T.P. Study and file the same before the TPO to show that the assessee’s transactions with it’s A.E. were at Arms Length however, nothing has been brought to our notice that the assessee has brought any comparable instance. - additions confirmed - AT
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