2019 (7) TMI 2047 - HC - Income Tax

TP Adjustment - AMP expenses - routine selling and distribution expresses would form part of advertising marketing and promotion ( AMP ) expenses for the purposes of fixing the arm s length price of the international transactions involving the Respondent and its associated enterprises or not? - HELD THAT - The issue urged by the Revenue stands answered against it by the decision of this Court in Sony Eriksson Mobile Communication 2015 (3) TMI 580 - DELHI HIGH COURT which has been noticed by the ITAT in the impugned order. Consequently no substantial question of law arises for consideration. The appeal is dismissed.

Summary

The High Court dismissed the Revenue's appeal against the ITAT's order regarding AMP expenses for the AY 2009-10. The ITAT held that routine selling and distribution expenses are not part of AMP expenses for fixing arm's length price. The appeal was dismissed as no substantial question of law arose.