TPO had proposed adjustments on the issue of AMP expenses using the ‘Bright Line Test’. Tribunal deleted said adjustments. High Court affirmed the order of the Tribunal (AY. 2016-17)
Pr. CIT v. Casio India Company (P.) Ltd. (2025) 307 Taxman 122 (Delhi)(HC)
S. 92C: Transfer pricing-Arm’s length price-Order of the Tribunal deleting the adjustment is affirmed. [S. 260A]