https://www.taxtmi.com/caselaws?id=262512 The court affirmed the Tribunal's decision that unutilized subsidies should not be considered as income of the Assessee. It was held that subsidies received should be excluded from AMP expenditure before making any TP adjustments. The court emphasized that the determination of ALP and related adjustments should be done by the Tribunal or Income Tax Authority, considering all available contentions. en-us Mon, 03 Aug 2015 00:00:00 +0530 Sat, 07 Nov 2015 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262512 The court affirmed the Tribunal's decision that unutilized subsidies should not be considered as income of the Assessee. It was held that subsidies received should be excluded from AMP expenditure before making any TP adjustments. The court emphasized that the determination of ALP and related adjustments should be done by the Tribunal or Income Tax Authority, considering all available contentions. Case-Laws Income Tax Mon, 03 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262512