https://www.taxtmi.com/caselaws?id=283541 The Tribunal held that Advertising, Marketing, and Promotion (AMP) expenses do not constitute an international transaction, as per the decision in Maruti Suzuki India Ltd vs CIT. The Tribunal directed the deletion of the upward adjustment made by the Transfer Pricing Officer (TPO) for AMP expenditure. The issue of Scientific Session Charges was remanded to the Assessing Officer (AO) for verification, and the deduction for interest on service tax was allowed by the Tribunal. en-us Wed, 24 Oct 2018 00:00:00 +0530 Fri, 27 Sep 2019 16:57:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283541 The Tribunal held that Advertising, Marketing, and Promotion (AMP) expenses do not constitute an international transaction, as per the decision in Maruti Suzuki India Ltd vs CIT. The Tribunal directed the deletion of the upward adjustment made by the Transfer Pricing Officer (TPO) for AMP expenditure. The issue of Scientific Session Charges was remanded to the Assessing Officer (AO) for verification, and the deduction for interest on service tax was allowed by the Tribunal. Case-Laws Income Tax Wed, 24 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283541