https://www.taxtmi.com/caselaws?id=267375 The Tribunal remanded the transfer pricing adjustment for advertisement marketing and sale promotion (AMP) expenses back to the AO for reconsideration. It directed the AO to examine agreements for overseas representation charges and reimbursement of expenses to determine if TDS was required. The Tribunal upheld the deletion of excess depreciation claim on computer peripherals and non-deduction of tax at source on tour expenses. It remanded the issue of payment to overseas representatives without deduction of tax for further examination. The AO was directed to re-examine advertisement and publicity expenses paid to non-resident entities. The Tribunal dismissed grounds related to interest levy and penalty proceedings, directing full credit for TDS for the assessment year 2010-11. en-us Tue, 29 Sep 2015 00:00:00 +0530 Thu, 05 Nov 2015 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267375 The Tribunal remanded the transfer pricing adjustment for advertisement marketing and sale promotion (AMP) expenses back to the AO for reconsideration. It directed the AO to examine agreements for overseas representation charges and reimbursement of expenses to determine if TDS was required. The Tribunal upheld the deletion of excess depreciation claim on computer peripherals and non-deduction of tax at source on tour expenses. It remanded the issue of payment to overseas representatives without deduction of tax for further examination. The AO was directed to re-examine advertisement and publicity expenses paid to non-resident entities. The Tribunal dismissed grounds related to interest levy and penalty proceedings, directing full credit for TDS for the assessment year 2010-11. Case-Laws Income Tax Tue, 29 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267375