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2023 (8) TMI 1117 - HC - Income TaxTP adjustment - rejection of AMP adjustment using BLT method - Whether ITAT was justified in holding that the Bright Line Test was not mandated in law and hence impermissible ? - whether AMP cannot be inferred to be international transaction in the absence of any agreement, arrangement or understanding between the taxpayer and its AE ? - HElD THAT:- As questions of law i.e., A to F, as proposed, are covered against the appellant/revenue by the decision of the coordinate bench in Bausch & Lomb Eyecare (India) Pvt. Ltd. [2015 (12) TMI 1332 - DELHI HIGH COURT].This decision has been followed by another coordinate bench in Xerox India Ltd [2022 (11) TMI 1391 - DELHI HIGH COURT] As would be evident, the said judgement concerns the respondent/assessee. Depreciation on de-capitalized assets - This issue is covered by the decision of the titled The Principal Commissioner of Income Tax-08 vs M/s Xerox India Ltd.[2016 (1) TMI 945 - DELHI HIGH COURT],
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