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Income Tax | Debt-Free Company Cannot Face Notional Interest Adjustment on Receivables: ITAT Chennai

5 Oct 2026 · 5 Oct 2026By CA Sandeep KanoiSource: TaxGuru

ITAT Chennai deleted ₹3.14 crore TP adjustment on AE receivables, holding interest imputation unwarranted where assessee was a debt-free company. The post Debt-Free Company Cannot Face Notional Interest Adjustment on Receivables: ITAT Chennai appeared first on TaxGuru .

Attribution

Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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