https://www.taxtmi.com/caselaws?id=428832 The Tribunal partly allowed the appeal, deleting the transfer pricing adjustment related to AMP expenses due to the absence of a written agreement. The issue of sourcing commission was remanded to the TPO for further consideration with additional evidence. The Tribunal upheld the TPO's adjustments concerning reimbursement of expenses and royalty payments, citing insufficient evidence from the assessee. On corporate tax issues, the Tribunal rejected the grounds on trade samples and sales returns but allowed the claim regarding retail fixtures as revenue expenditure. The Tribunal directed the AO to review the short grant of interest under Section 244A. en-us Wed, 24 Aug 2022 00:00:00 +0530 Wed, 27 Dec 2023 10:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428832 The Tribunal partly allowed the appeal, deleting the transfer pricing adjustment related to AMP expenses due to the absence of a written agreement. The issue of sourcing commission was remanded to the TPO for further consideration with additional evidence. The Tribunal upheld the TPO's adjustments concerning reimbursement of expenses and royalty payments, citing insufficient evidence from the assessee. On corporate tax issues, the Tribunal rejected the grounds on trade samples and sales returns but allowed the claim regarding retail fixtures as revenue expenditure. The Tribunal directed the AO to review the short grant of interest under Section 244A. Case-Laws Income Tax Wed, 24 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428832