https://www.taxtmi.com/caselaws?id=344602 The Hon'ble Delhi High Court remanded the issues related to international transactions involving AMP expenses back to the ITAT for determination without further remand. The ITAT directed the exclusion of selling expenses from AMP expenses while determining the arm's length price. The 'Bright Line Test' was applied to assess excessive AMP expenditure, following precedents to exclude certain expenses. The matter was remanded to the TPO/AO for further assessment and consideration of contentions in a tabulated form for all relevant years. Appeals were partly allowed for statistical purposes. en-us Mon, 17 Apr 2017 00:00:00 +0530 Tue, 20 Jun 2017 18:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344602 The Hon'ble Delhi High Court remanded the issues related to international transactions involving AMP expenses back to the ITAT for determination without further remand. The ITAT directed the exclusion of selling expenses from AMP expenses while determining the arm's length price. The 'Bright Line Test' was applied to assess excessive AMP expenditure, following precedents to exclude certain expenses. The matter was remanded to the TPO/AO for further assessment and consideration of contentions in a tabulated form for all relevant years. Appeals were partly allowed for statistical purposes. Case-Laws Income Tax Mon, 17 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344602