Held that where TNMM was used for calculation of ALP of international transactions entered into by assessee with its AEs, working capital adjustment was to be allowed. (AY. 2016-17
Bharat Vijaykumar Jain (HUF) v. DCIT 194 ITD 288 / 94 ITR 122 (Bang.)(Trib.)
S. 92C : Transfer pricing-Arm’s length price-Working capital adjustments-Working capital adjustment to be allowed where TNMM used for calculation of ALP. [R. 10B]