https://www.taxtmi.com/caselaws?id=428288 The Tribunal ruled in favor of the assessee, holding that both the TP adjustments towards Advertisement, Marketing, and Promotion (AMP) expenditure and the reimbursement of warranty expenses to its associated enterprise should not be treated as separate international transactions when the trading segment margins were accepted by the Transfer Pricing Officer (TPO). Therefore, the adjustments totaling Rs.12,85,77,521/- for AMP expenditure and Rs.50,73,76,084/- for warranty expenses were deleted, resulting in a favorable outcome for the assessee. en-us Thu, 15 Sep 2022 00:00:00 +0530 Tue, 27 Sep 2022 11:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428288 The Tribunal ruled in favor of the assessee, holding that both the TP adjustments towards Advertisement, Marketing, and Promotion (AMP) expenditure and the reimbursement of warranty expenses to its associated enterprise should not be treated as separate international transactions when the trading segment margins were accepted by the Transfer Pricing Officer (TPO). Therefore, the adjustments totaling Rs.12,85,77,521/- for AMP expenditure and Rs.50,73,76,084/- for warranty expenses were deleted, resulting in a favorable outcome for the assessee. Case-Laws Income Tax Thu, 15 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428288