https://www.taxtmi.com/caselaws?id=278172 The Tribunal upheld the CIT(A)'s decision that the advertisement expenditure was revenue in nature, rejecting the department's claim that it was capital. It also supported the use of the Resale Price Method for determining the arm's length price of international transactions, overturning the TPO's adjustment. However, the issue of marketing fee payments to Associated Enterprises was remanded to the AO for re-examination to verify benefits received under a cost-sharing arrangement. The appeal was partly allowed for statistical purposes. en-us Wed, 25 Apr 2012 00:00:00 +0530 Tue, 25 Apr 2023 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278172 The Tribunal upheld the CIT(A)'s decision that the advertisement expenditure was revenue in nature, rejecting the department's claim that it was capital. It also supported the use of the Resale Price Method for determining the arm's length price of international transactions, overturning the TPO's adjustment. However, the issue of marketing fee payments to Associated Enterprises was remanded to the AO for re-examination to verify benefits received under a cost-sharing arrangement. The appeal was partly allowed for statistical purposes. Case-Laws Income Tax Wed, 25 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278172