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2019 (10) TMI 917 - ITAT DELHITP adjustment for receivables having delay in receipt of payment of more than 90 days - interest on unrealized export proceeds - HELD THAT:- We find identical issue had come up before the Tribunal in assessee’s own case for assessment year 2011-12. We find the Tribunal, after considering the arguments made by both the sides has held that the period of 90 days credit is reasonable in the trade of the assessee and accordingly it was restored to the file of the A.O./TPO to compute the transfer pricing adjustment of receivables having delay in receipt of payment of more than 90 days Respectfully following the decision of the coordinate Bench of the Tribunal in assessee’s own case, we restore the issue to the file of A.O./TPO to compute the TP adjustment for receivables having delay in receipt of payment of more than 90 days. The ground raised by the assessee is accordingly partly allowed for statistical purposes.
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