Advertisement, Marketing and Promotion  expenditure incurred not constitute an “international transaction” u/s 92F of Income Tax Act: Delhi HC [Read Order]

The Delhi High Court in a recent case held that advertising, marketing, and Promotion expenditure incurred not constitute an “international transaction” under section 92F of the Income Tax Act, 1961. The appellant, raised the question of whether the Advertisement, Marketing and Promotion  expenditure incurred by the respondentassessee would constitute an “international transaction” as contemplated under Section 92B read…