Wednesday, March 6, 2019

No TP adjustment in absence of agreement on incurring AMP expenses for promoting AE's brand

IT/ILT: Where Indian subsidiary incurred AMP expenses for promoting brand owned by French AE, in absence of an agreement between assessee and said AE to share/reimburse AMP expenditure incurred by assessee in India, transaction in question would not be an international transaction

from www.taxmann.com Latest Case Laws https://ift.tt/2IViD8a
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