https://www.taxtmi.com/caselaws?id=432911 The Tribunal partially allowed the assessee's appeal, focusing on transfer pricing adjustments and the determination of international transactions for AMP expenditure. The adjustments made by the Transfer Pricing Officer were deemed unsustainable, leading to their deletion. The Tribunal emphasized consistency in decisions and adherence to legal provisions in transfer pricing assessments, directing further evaluation by the TPO on specific aspects for statistical purposes. The issues of penalty proceedings initiation and interest levied were not extensively discussed, indicating they were likely dismissed without significant consideration. en-us Wed, 04 Jan 2023 00:00:00 +0530 Tue, 17 Jan 2023 06:33:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432911 The Tribunal partially allowed the assessee's appeal, focusing on transfer pricing adjustments and the determination of international transactions for AMP expenditure. The adjustments made by the Transfer Pricing Officer were deemed unsustainable, leading to their deletion. The Tribunal emphasized consistency in decisions and adherence to legal provisions in transfer pricing assessments, directing further evaluation by the TPO on specific aspects for statistical purposes. The issues of penalty proceedings initiation and interest levied were not extensively discussed, indicating they were likely dismissed without significant consideration. Case-Laws Income Tax Wed, 04 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432911