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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

TPA - Adjustment of interest for delayed realization of sale ...

Case Laws     Income Tax

December 27, 2014

TPA - Adjustment of interest for delayed realization of sale from AE - when the assessee is not charging any interest from non AE then there is no case made out by the revenue that the assessee is doing any favour or giving any benefit to the AE by extending the credit period of realization of sales which is less than the internal CUP being the assessee allowing the credit period to the non-AE - AT

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