https://www.taxtmi.com/caselaws?id=249915 The Tribunal set aside the transfer pricing adjustment on account of AMP expenses and remitted the matter to the Assessing Officer/Transfer Pricing Officer to decide in line with the Special Bench decision. The Tribunal allowed the additional ground on the deductibility of provision for warranty, directing the Assessing Officer to evaluate the claim based on past experience to avoid double deduction, following a Supreme Court judgment. The appeal was allowed for statistical purposes, providing detailed analysis and directions for further assessment by the tax authorities in accordance with legal precedents. en-us Tue, 15 Jul 2014 00:00:00 +0530 Mon, 28 Jul 2014 09:25:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249915 The Tribunal set aside the transfer pricing adjustment on account of AMP expenses and remitted the matter to the Assessing Officer/Transfer Pricing Officer to decide in line with the Special Bench decision. The Tribunal allowed the additional ground on the deductibility of provision for warranty, directing the Assessing Officer to evaluate the claim based on past experience to avoid double deduction, following a Supreme Court judgment. The appeal was allowed for statistical purposes, providing detailed analysis and directions for further assessment by the tax authorities in accordance with legal precedents. Case-Laws Income Tax Tue, 15 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249915