https://www.taxtmi.com/caselaws?id=279023 The Tribunal deleted the addition of &8377; 23,83,92,783 for AMP expenses, citing unsustainable application of the bright line test for ALP adjustments. The issue of set off for brought forward business losses amounting to &8377; 26,25,85,933 was remitted for fresh adjudication due to previous additions in assessment years. The Tribunal partially allowed the appeal, directing cooperation with the Assessing Officer for expedited proceedings and dismissing the stay application as infructuous. en-us Fri, 10 Nov 2017 00:00:00 +0530 Tue, 06 Dec 2022 16:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279023 The Tribunal deleted the addition of &8377; 23,83,92,783 for AMP expenses, citing unsustainable application of the bright line test for ALP adjustments. The issue of set off for brought forward business losses amounting to &8377; 26,25,85,933 was remitted for fresh adjudication due to previous additions in assessment years. The Tribunal partially allowed the appeal, directing cooperation with the Assessing Officer for expedited proceedings and dismissing the stay application as infructuous. Case-Laws Income Tax Fri, 10 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279023