https://www.taxtmi.com/caselaws?id=285612 The Tribunal set aside the assessment order disallowing transfer pricing adjustment on AMP expenses for the assessment year 2010-11. It directed the Transfer Pricing Officer to verify the actual incurrence of AMP expenses to avoid disallowance. The Tribunal referred the matter back to the TPO for a fresh determination on whether AMP expenses constituted an international transaction, considering evolving judicial precedents. Other grounds not argued by the assessee were dismissed, and the appeal was allowed for statistical purposes. en-us Tue, 22 Nov 2016 00:00:00 +0530 Mon, 20 Jan 2020 07:40:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285612 The Tribunal set aside the assessment order disallowing transfer pricing adjustment on AMP expenses for the assessment year 2010-11. It directed the Transfer Pricing Officer to verify the actual incurrence of AMP expenses to avoid disallowance. The Tribunal referred the matter back to the TPO for a fresh determination on whether AMP expenses constituted an international transaction, considering evolving judicial precedents. Other grounds not argued by the assessee were dismissed, and the appeal was allowed for statistical purposes. Case-Laws Income Tax Tue, 22 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285612