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2020 (7) TMI 495 - AT - Income TaxTP Adjustment - notional interest adjustment - delay in realising the amount from the AEs - HELD THAT:- From the details furnished by ld. AR for the assessee about the delay in realizing the money of sales from AEs and non AEs, we have observed that on the working of delay of credit period for AE and non AEs as138 days and for non AEs are 146 days; the ld. has not disputed the factual matrix. Considering the decision of Tribunal in assessee’s own case for AY 2009-10 and 2010-11 . [2016 (7) TMI 1402 - ITAT MUMBAI] and [2018 (1) TMI 240 - ITAT MUMBAI] we find merit in the submissions of the assessee that no notional interest adjustment was warranted against the assessee - Decided in favour of assessee.
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