https://www.taxtmi.com/caselaws?id=260671 In transfer pricing proceedings, incentive payments to distributors and dealers were excluded from the alleged advertising, marketing and promotional spend because such payments for services rendered were not to be benchmarked as AMP expenses; only the balance AMP expenditure was remitted for fresh determination under the governing transfer pricing principles. The claim for deduction on unrealised export proceeds was also sent back for fresh verification, as the record required examination of whether the proceeds were realised within the permitted period and whether any valid extension had been obtained from the competent authority. The appeal was thus allowed only in part, with relief on the transfer pricing issue and remand on the deduction claim. en-us Wed, 10 Jun 2015 00:00:00 +0530 Sat, 20 Jun 2015 06:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260671 In transfer pricing proceedings, incentive payments to distributors and dealers were excluded from the alleged advertising, marketing and promotional spend because such payments for services rendered were not to be benchmarked as AMP expenses; only the balance AMP expenditure was remitted for fresh determination under the governing transfer pricing principles. The claim for deduction on unrealised export proceeds was also sent back for fresh verification, as the record required examination of whether the proceeds were realised within the permitted period and whether any valid extension had been obtained from the competent authority. The appeal was thus allowed only in part, with relief on the transfer pricing issue and remand on the deduction claim. Case-Laws Income Tax Wed, 10 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260671