https://www.taxtmi.com/caselaws?id=192024 The Tribunal upheld several of the CIT(A)'s directions regarding the exclusion and inclusion of comparables but remanded certain issues for further analysis by the TPO. The revenue's appeal was partly allowed, and the respondent-assessee's cross-objection was dismissed as infructuous. The CIT(A)'s direction to recompute deduction u/s 10A by reducing communication charges from total turnover was upheld based on the High Court's precedent. Various companies were excluded or included as comparables based on turnover, losses, and functional similarities. The Tribunal's decision balanced these factors, affirming some exclusions and directing further analysis on others. en-us Wed, 16 Mar 2016 00:00:00 +0530 Tue, 09 May 2017 20:26:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192024 The Tribunal upheld several of the CIT(A)'s directions regarding the exclusion and inclusion of comparables but remanded certain issues for further analysis by the TPO. The revenue's appeal was partly allowed, and the respondent-assessee's cross-objection was dismissed as infructuous. The CIT(A)'s direction to recompute deduction u/s 10A by reducing communication charges from total turnover was upheld based on the High Court's precedent. Various companies were excluded or included as comparables based on turnover, losses, and functional similarities. The Tribunal's decision balanced these factors, affirming some exclusions and directing further analysis on others. Case-Laws Income Tax Wed, 16 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192024