https://www.taxtmi.com/caselaws?id=367496 The Tribunal concluded that there was no legally sustainable basis for the TPO's ALP adjustment of Rs. 6,64,70,841 for AMP expenses, as there was no evidence of an international transaction. The Tribunal rejected the use of the bright line test for such adjustments and found no reason to remit the matter back to the TPO. Therefore, the ALP adjustment was deleted, and the assessee's appeal was allowed. en-us Thu, 23 Aug 2018 00:00:00 +0530 Tue, 13 Nov 2018 16:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367496 The Tribunal concluded that there was no legally sustainable basis for the TPO's ALP adjustment of Rs. 6,64,70,841 for AMP expenses, as there was no evidence of an international transaction. The Tribunal rejected the use of the bright line test for such adjustments and found no reason to remit the matter back to the TPO. Therefore, the ALP adjustment was deleted, and the assessee's appeal was allowed. Case-Laws Income Tax Thu, 23 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367496