No separate benchmarking should be done of the outstanding receivable as outstanding receivable are part of the Working Capital: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), New Delhi Bench held that the assessee has been granted the working capital adjustment while computing the arm’s length price of the international transaction of the sale of services, and no separate benchmarking should be done of the outstanding receivable as outstanding receivable are part of the working capital […]

from Taxscan | Simplifying Tax Laws https://ift.tt/32Pa1GD