Impact Of Delayed Receivables From AE Already Factored In Working-Capital: Allahabad HC Directs TPO To Adjudicate Interest On Receivables

The Allahabad High Court directed the Transfer Pricing Officer (TPO) to adjudicate interest on delayed receivables from associated enterprises (AE), noting that the impact of these delays was already factored into working capital calculations. This decision highlights the need for accurate and fair evaluation of interest on delayed receivables, ensuring that adjustments for working capital are appropriately considered.