Court Upholds Interest Allowance in Transfer Pricing Case, Highlights 150-Day Credit Benefit u/r 10B(1)(a)(ii.

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....Transfer pricing adjustment - Disallowance of interest - due weightage is to be given towards interest benefit enjoyed by the assessee by availing credit for 150 days for payment and Rule 10B(1)(a)(ii) of the Income Tax Rules, 1962 also permits such benefit to the assesseeh - AT....