Sunday, 23 June 2013

Matter remanded to decide fate of AMP exp. incurred on behalf of AE in light of SB ruling in LG's ca

IT/ILT: Matter relating to adjustment in respect of AMP expenditure incurred by assessee on behalf of it AE for brand promotion was to be remanded back for disposal afresh in light of guidelines issued by Special Bench in case of LG Electronics India (P.) Ltd. v. Asstt. CIT [2013] 29 taxmann.com 300/140 ITD 41 (Delhi)


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