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    <title>2023 (1) TMI 1242 - ITAT BANGALORE</title>
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    <description>The Tribunal partly allowed the assessee&#039;s appeal, directing the Transfer Pricing Officer (TPO) and Assessing Officer (AO) to reconsider various issues based on evidence and grant the assessee a hearing. The Tribunal also ordered the deletion of the Transfer Pricing (TP) adjustment for excess Advertising, Marketing, and Promotion (AMP) expenditure and replacement of Transaction Net Margin Method (TNMM) with Comparable Uncontrolled Price (CUP) for the manufacturing segment.</description>
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      <description>The Tribunal partly allowed the assessee&#039;s appeal, directing the Transfer Pricing Officer (TPO) and Assessing Officer (AO) to reconsider various issues based on evidence and grant the assessee a hearing. The Tribunal also ordered the deletion of the Transfer Pricing (TP) adjustment for excess Advertising, Marketing, and Promotion (AMP) expenditure and replacement of Transaction Net Margin Method (TNMM) with Comparable Uncontrolled Price (CUP) for the manufacturing segment.</description>
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