https://www.taxtmi.com/caselaws?id=283617 The Tribunal upheld the application of the turnover filter in Transfer Pricing analysis, confirming the exclusion of companies with turnover below Rs. 200 crores and above Rs. 2000 crores. Additionally, the Tribunal affirmed the reduction of expenditure incurred in foreign currency from export turnover and total turnover for the purpose of section 10A deduction, following the precedent set by the Hon'ble Karnataka High Court. The revenue's appeal was dismissed, and the Cross Objection by the assessee on functional comparability was deemed academic and dismissed. en-us Fri, 15 Feb 2019 00:00:00 +0530 Wed, 02 Oct 2019 13:01:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283617 The Tribunal upheld the application of the turnover filter in Transfer Pricing analysis, confirming the exclusion of companies with turnover below Rs. 200 crores and above Rs. 2000 crores. Additionally, the Tribunal affirmed the reduction of expenditure incurred in foreign currency from export turnover and total turnover for the purpose of section 10A deduction, following the precedent set by the Hon'ble Karnataka High Court. The revenue's appeal was dismissed, and the Cross Objection by the assessee on functional comparability was deemed academic and dismissed. Case-Laws Income Tax Fri, 15 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283617