https://www.taxtmi.com/caselaws?id=275139 Transfer pricing issues on import of crystal components and on advertisement, marketing and promotion expenses were remitted for fresh determination of arm's length price, including reconsideration of whether an international transaction existed in the AMP context. A mere provision for doubtful debts was held not deductible absent actual write-off, while any prior allowance had to be neutralised to avoid double deduction. Advertisement and publicity expenses were treated as revenue expenditure and allowed, subject to adjustment for any earlier deduction. Depreciation on computer peripherals was allowable at 60% by applying the higher rate for computers. en-us Fri, 10 Feb 2017 00:00:00 +0530 Thu, 20 Sep 2018 06:49:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275139 Transfer pricing issues on import of crystal components and on advertisement, marketing and promotion expenses were remitted for fresh determination of arm's length price, including reconsideration of whether an international transaction existed in the AMP context. A mere provision for doubtful debts was held not deductible absent actual write-off, while any prior allowance had to be neutralised to avoid double deduction. Advertisement and publicity expenses were treated as revenue expenditure and allowed, subject to adjustment for any earlier deduction. Depreciation on computer peripherals was allowable at 60% by applying the higher rate for computers. Case-Laws Income Tax Fri, 10 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275139