This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Revenue Cannot Adjust AMP Expenses Without Tangible Evidence: Delhi HC
Case Law Details
- Case Name
- CIT-1 Vs Casio India Company Pvt. Ltd (Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Delhi High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
CIT-1 Vs Casio India Company Pvt. Ltd (Delhi High Court)
Delhi High Court, in the consolidated appeals filed by the Commissioner of Income Tax (CIT) against Casio India Company Private Limited, upheld the Income Tax Appellate Tribunal (ITAT)’s deletion of adjustments made by the Revenue concerning Advertisement, Marketing, and Promotion (AMP) expenses for the Assessment Years (AY) 2012-13 and 2013-14.
Factual Background and Case History
The core issue across the appeals concerned the transfer pricing adjustment made by the Revenue regarding the Advertisement, Marketing, and Promotion (A...
