HC confirms ITAT’s deletion of notional interest adjustment on delayed AE receivables

Transfer Pricing : Impact of delayed associated enterprise receivables subsumed in working capital adjustment made by the assessee company. Delhi High Court  confirms ITAT’s deletion of notional interest adjustment on delayed AE-receivables. Operative Portion of Delhi ITAT Order Kusum Healthcare (P.) Ltd. Vs. ACIT  [2015] 62 taxmann.com 79 (Delhi – Trib.)“ In view of the above, a working Capital adjustment appropriately takes into account the outstanding receivable. Therefore, the assessee has undertaken a working capital adjustment to reflect these differences by adjusting fo...