https://www.taxtmi.com/caselaws?id=279322 The tribunal dismissed the Revenue's appeal and partly allowed the assessee's appeal, remitting issues related to alternative adjustments suggested by the Transfer Pricing Officer (TPO) to the Dispute Resolution Panel (DRP) for reconsideration. The tribunal upheld the DRP's decision on the Bright Line Test (BLT) and the adjustment of Advertising, Marketing, and Promotion (AMP) expenses. The case involved challenges to the jurisdiction of the TPO, application of the BLT, AMP expenses adjustment, determination of Arm's Length Price (ALP) for royalty payments and intra-group services, and issues regarding MAT credit and interest levy. en-us Tue, 11 Sep 2018 00:00:00 +0530 Wed, 13 Mar 2019 07:27:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279322 The tribunal dismissed the Revenue's appeal and partly allowed the assessee's appeal, remitting issues related to alternative adjustments suggested by the Transfer Pricing Officer (TPO) to the Dispute Resolution Panel (DRP) for reconsideration. The tribunal upheld the DRP's decision on the Bright Line Test (BLT) and the adjustment of Advertising, Marketing, and Promotion (AMP) expenses. The case involved challenges to the jurisdiction of the TPO, application of the BLT, AMP expenses adjustment, determination of Arm's Length Price (ALP) for royalty payments and intra-group services, and issues regarding MAT credit and interest levy. Case-Laws Income Tax Tue, 11 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279322