https://www.taxtmi.com/caselaws?id=284214 The Tribunal allowed the assessee's appeal, deleting the Transfer Pricing Adjustment on Advertisement, Marketing, and Promotion (AMP) expenses and the addition on account of bad debts. It affirmed the full deduction under Section 10A for the Software Technology Park (STP) unit, dismissing the Revenue's appeal. The Tribunal held that the assessee, as an independent distributor, was not obligated to incur AMP expenses for the benefit of the associated enterprise, thereby rejecting the Transfer Pricing Officer's adjustment. en-us Mon, 22 Apr 2019 00:00:00 +0530 Thu, 07 Nov 2019 06:16:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284214 The Tribunal allowed the assessee's appeal, deleting the Transfer Pricing Adjustment on Advertisement, Marketing, and Promotion (AMP) expenses and the addition on account of bad debts. It affirmed the full deduction under Section 10A for the Software Technology Park (STP) unit, dismissing the Revenue's appeal. The Tribunal held that the assessee, as an independent distributor, was not obligated to incur AMP expenses for the benefit of the associated enterprise, thereby rejecting the Transfer Pricing Officer's adjustment. Case-Laws Income Tax Mon, 22 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284214