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2022 (4) TMI 1491 - AT - Income TaxTP Adjustment - treating the AMP expenses as a separate transaction from the distribution segment and making TP adjustment for the same - HELD THAT:- Considering the ratio laid down by the Hon’ble Delhi High Court in the case of Sony Ericsson mobile communication India Private Limited [2015 (3) TMI 580 - DELHI HIGH COURT] with respect to treating AMP expenses as a separate transaction when the TPO has not otherwise rejected the gross margin and the net margin of the assessee, we hold that there is no separate adjustment to be made in respect of AMP expenses. The appeal is allowed in favour of the assessee.
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