https://www.taxtmi.com/caselaws?id=401718 The High Court set aside the ITAT's order remanding the matter to the TPO for determining the cost of international transactions based on a Special Bench order. The Court directed the TPO to consider the Division Bench's directions, emphasizing a detailed examination of the operating agreement to establish the existence of international transactions involving AMP expenses. This decision underscores the importance of adhering to legal precedents and court rulings in transfer pricing matters, ensuring a fair assessment of costs related to international transactions, particularly those involving AMP expenses. en-us Thu, 10 Dec 2020 00:00:00 +0530 Mon, 14 Dec 2020 13:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401718 The High Court set aside the ITAT's order remanding the matter to the TPO for determining the cost of international transactions based on a Special Bench order. The Court directed the TPO to consider the Division Bench's directions, emphasizing a detailed examination of the operating agreement to establish the existence of international transactions involving AMP expenses. This decision underscores the importance of adhering to legal precedents and court rulings in transfer pricing matters, ensuring a fair assessment of costs related to international transactions, particularly those involving AMP expenses. Case-Laws Income Tax Thu, 10 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401718