Revenue's Appeal Dismissed: Routine Selling Expenses Not AMP for Arm's Length Price, No Substantial Law Question Raised. The HC dismissed the Revenue's appeal against the ITAT's decision concerning AMP expenses for AY 2009-10. The ITAT determined that routine selling and ...
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Revenue's Appeal Dismissed: Routine Selling Expenses Not AMP for Arm's Length Price, No Substantial Law Question Raised.
The HC dismissed the Revenue's appeal against the ITAT's decision concerning AMP expenses for AY 2009-10. The ITAT determined that routine selling and distribution expenses do not constitute AMP expenses for determining the arm's length price. The appeal was dismissed as it did not raise any substantial question of law.
The High Court dismissed the Revenue's appeal against the ITAT's order regarding AMP expenses for the AY 2009-10. The ITAT held that routine selling and distribution expenses are not part of AMP expenses for fixing arm's length price. The appeal was dismissed as no substantial question of law arose.
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