https://www.taxtmi.com/caselaws?id=234766 The Tribunal allowed the appeal for statistical purposes, directing the Transfer Pricing Officer to re-evaluate the Advertisement, Marketing, and Sales Promotion (AMP) expenses and the Assessing Officer to verify the Tax Deducted at Source (TDS) payment for the corporate tax issue. The Tribunal upheld the royalty payment as justified and necessary for the business, rejecting the Transfer Pricing Officer's conclusion. en-us Fri, 14 Jun 2013 00:00:00 +0530 Mon, 24 Jun 2013 16:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234766 The Tribunal allowed the appeal for statistical purposes, directing the Transfer Pricing Officer to re-evaluate the Advertisement, Marketing, and Sales Promotion (AMP) expenses and the Assessing Officer to verify the Tax Deducted at Source (TDS) payment for the corporate tax issue. The Tribunal upheld the royalty payment as justified and necessary for the business, rejecting the Transfer Pricing Officer's conclusion. Case-Laws Income Tax Fri, 14 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234766