https://www.taxtmi.com/caselaws?id=338003 The Court remitted the case back to the Income Tax Appellate Tribunal for reevaluation, emphasizing the need for a nuanced approach in determining international transactions involving AMP expenditure. The judgment highlighted the importance of evaluating each case individually and considering judicial precedents in transfer pricing assessments. The Court clarified that not all transactions reporting AMPs should automatically be treated as international transactions, directing a comprehensive decision on whether the AMP reported in relation to outbound business constituted an international transaction requiring Arm's Length Price determination. en-us Thu, 12 Jan 2017 00:00:00 +0530 Wed, 15 Mar 2017 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338003 The Court remitted the case back to the Income Tax Appellate Tribunal for reevaluation, emphasizing the need for a nuanced approach in determining international transactions involving AMP expenditure. The judgment highlighted the importance of evaluating each case individually and considering judicial precedents in transfer pricing assessments. The Court clarified that not all transactions reporting AMPs should automatically be treated as international transactions, directing a comprehensive decision on whether the AMP reported in relation to outbound business constituted an international transaction requiring Arm's Length Price determination. Case-Laws Income Tax Thu, 12 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338003