https://www.taxtmi.com/caselaws?id=459489 The Delhi HC held that the appeal did not raise any substantial question of law from the ITAT's deletion of the AMP adjustment and rejection of the Bright Line Test. The ITAT had followed Sony Ericsson Mobile Communications India (P.) Ltd., which rejected application of the Bright Line Test in all circumstances. On that basis, the court found no ground for interference, did not entertain the appeal on merits, and left the impugned order undisturbed in favour of the assessee. en-us Wed, 31 Jan 2024 00:00:00 +0530 Mon, 16 Dec 2024 18:31:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459489 The Delhi HC held that the appeal did not raise any substantial question of law from the ITAT's deletion of the AMP adjustment and rejection of the Bright Line Test. The ITAT had followed Sony Ericsson Mobile Communications India (P.) Ltd., which rejected application of the Bright Line Test in all circumstances. On that basis, the court found no ground for interference, did not entertain the appeal on merits, and left the impugned order undisturbed in favour of the assessee. Case-Laws Income Tax Wed, 31 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459489