https://www.taxtmi.com/caselaws?id=305889 The Tribunal allowed the taxpayer's appeal, ruling that the AMP expenses were not an international transaction. It held the Bright Line Test (BLT) as legally unsustainable and found no evidence of an arrangement with the associated enterprise (AE) on AMP expenses. The Tribunal deleted the AMP adjustment and dismissed penalty proceedings. en-us Mon, 18 May 2020 00:00:00 +0530 Thu, 29 Dec 2022 09:11:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305889 The Tribunal allowed the taxpayer's appeal, ruling that the AMP expenses were not an international transaction. It held the Bright Line Test (BLT) as legally unsustainable and found no evidence of an arrangement with the associated enterprise (AE) on AMP expenses. The Tribunal deleted the AMP adjustment and dismissed penalty proceedings. Case-Laws Income Tax Mon, 18 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305889