Held that;
- In the absence of an express arrangement / agreement between the assessee and the AE, expenditure incurred by making payment to third parties for advertisement, marketing and promotion (AMP) expenses, does not come within the purview of international transaction and determination of ALP of such expenditure by applying BLT method is not valid.
- When the payment of royalty in the past assessment years was undisputed, inference in the current assessment year by making general observations is unsustainable. (AY. 2009-10)