https://www.taxtmi.com/caselaws?id=758404 The HC dismissed the appeals, ruling that the AMP computation using the Bright Line Test was unsustainable, aligning with the precedent set in Sony Ericson v. CIT. The appeals lacked merit, resulting in the final outcome favoring the respondent's position against the application of the Bright Line Test. en-us Thu, 16 May 2024 00:00:00 +0530 Thu, 12 Sep 2024 08:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758404 The HC dismissed the appeals, ruling that the AMP computation using the Bright Line Test was unsustainable, aligning with the precedent set in Sony Ericson v. CIT. The appeals lacked merit, resulting in the final outcome favoring the respondent's position against the application of the Bright Line Test. Case-Laws Income Tax Thu, 16 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758404