https://www.taxtmi.com/caselaws?id=394184 The Tribunal ruled in favor of the assessee in a transfer pricing dispute related to AMP expenses, rejecting the TPO's adjustment and methods applied. Regarding Industrial Promotion Assistance subsidies, the Tribunal classified subsidies from West Bengal as capital in nature, overturning the revenue treatment by the Assessing Officer. Additionally, the Tribunal directed the Assessing Officer to allow the actual credit of TDS claimed by the assessee. Consequently, the Tribunal directed the deletion of the additions made by the Assessing Officer, allowing the assessee's appeal. en-us Fri, 10 Jan 2020 00:00:00 +0530 Fri, 03 Apr 2020 12:52:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394184 The Tribunal ruled in favor of the assessee in a transfer pricing dispute related to AMP expenses, rejecting the TPO's adjustment and methods applied. Regarding Industrial Promotion Assistance subsidies, the Tribunal classified subsidies from West Bengal as capital in nature, overturning the revenue treatment by the Assessing Officer. Additionally, the Tribunal directed the Assessing Officer to allow the actual credit of TDS claimed by the assessee. Consequently, the Tribunal directed the deletion of the additions made by the Assessing Officer, allowing the assessee's appeal. Case-Laws Income Tax Fri, 10 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394184