Allowing credit period to the AE has to be considered along with main international transaction of sale of goods

Suraj R. Agrawal Brief of the Case- The transaction of allowing credit period to the AE on realization of sale proceeds is not an independent transaction and has to be considered along with the main international transaction of sale of goods. Facts of the case: The assessee is engaged in providing the software development and allied services to its group companies. During the course of proceedings before the Transfer Pricing Officer, it was observed that the assessee provided a credit period of 60 days to all its A.Es. While examining the details in this regard, Transfer Pricing Officer obse...