https://www.taxtmi.com/caselaws?id=463681 ITAT DELHI - AT held that the transfer pricing adjustment disallowing Advertisement, Marketing and Promotional (AMP) expenses as an international transaction was erroneous. Relying on precedent from the Tribunal, the bench concluded AMP expenditures incurred by the appellant do not constitute an international transaction under s. 92B of the I.T. Act. The appeal was allowed and the addition was deleted, decision in favour of the appellant. en-us Thu, 10 Jan 2019 00:00:00 +0530 Tue, 09 Sep 2025 16:40:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463681 ITAT DELHI - AT held that the transfer pricing adjustment disallowing Advertisement, Marketing and Promotional (AMP) expenses as an international transaction was erroneous. Relying on precedent from the Tribunal, the bench concluded AMP expenditures incurred by the appellant do not constitute an international transaction under s. 92B of the I.T. Act. The appeal was allowed and the addition was deleted, decision in favour of the appellant. Case-Laws Income Tax Thu, 10 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463681