https://www.taxtmi.com/caselaws?id=392443 The Tribunal dismissed all appeals, concluding that the AMP expenditure by the assessee did not qualify as an international transaction. It upheld the economic adjustment allowed by the Commissioner (Appeals) for AMP expenditure. Additionally, the Revenue's appeal for the assessment year 2007-08 was dismissed due to the tax effect being below the monetary limit set by CBDT Circular no.17/2019. en-us Fri, 14 Feb 2020 00:00:00 +0530 Thu, 07 Nov 2024 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392443 The Tribunal dismissed all appeals, concluding that the AMP expenditure by the assessee did not qualify as an international transaction. It upheld the economic adjustment allowed by the Commissioner (Appeals) for AMP expenditure. Additionally, the Revenue's appeal for the assessment year 2007-08 was dismissed due to the tax effect being below the monetary limit set by CBDT Circular no.17/2019. Case-Laws Income Tax Fri, 14 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392443