https://www.taxtmi.com/caselaws?id=257289 The Tribunal addressed the Transfer Pricing Adjustment on AMP expenses, emphasizing that incurring such expenses constitutes an international transaction. It listed parameters for determining the correct ALP of AMP expenses and excluded selling commission and discounts. The matter was remitted for fresh determination. Regarding the addition based on City Bank Transactions, the Tribunal found the explanation credible and deleted the addition, allowing the appeal for statistical purposes. The Tribunal's decisions were based on the LG Electronics India (P.) Ltd. case principles and the evidence presented in each case. en-us Tue, 15 Apr 2014 00:00:00 +0530 Mon, 09 Mar 2015 09:18:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257289 The Tribunal addressed the Transfer Pricing Adjustment on AMP expenses, emphasizing that incurring such expenses constitutes an international transaction. It listed parameters for determining the correct ALP of AMP expenses and excluded selling commission and discounts. The matter was remitted for fresh determination. Regarding the addition based on City Bank Transactions, the Tribunal found the explanation credible and deleted the addition, allowing the appeal for statistical purposes. The Tribunal's decisions were based on the LG Electronics India (P.) Ltd. case principles and the evidence presented in each case. Case-Laws Income Tax Tue, 15 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257289