The Income Tax Appellate Tribunal (ITAT), New Delhi Bench held that no addition for advertisement, marketing and sales promotion expenses (AMP) can be made in absence of International Transaction between Taxpayer and Associate Enterprise (AE). The assessee company, Haier Appliances India Pvt. Ltd. is a wholly owned subsidiary company of Haier Electrical and Appliances Corporation […]
from Taxscan | Simplifying Tax Laws https://ift.tt/3j0EfgQ
No comments:
Post a Comment