AMP Intensity & BLT Methods Rejected Again; ITAT Deletes Entire AMP Adjustment – Issues Remanded

Sony India Private Limited Vs ACIT (ITAT Delhi) Assesssee Wins Major TP Relief – ITAT Deletes Royalty, AMP & Stock Valuation Adjustments; Issues Remanded for Non-Speaking DRP Order Assessee challenged multiple transfer pricing & corporate tax adjustments made in the assessment order passed u/s 143(3) r.w.s. 144C(13)/144B, pursuant to DRP directions. Assessee also sought admission of an additional ground (Ground 29) regarding DRP’s failure to pass a speaking order on comparables & classification of service income. Tribunal admitted the additional ground. On computation issues , ...