https://www.taxtmi.com/caselaws?id=285352 The Tribunal upheld the CIT(A)'s direction to recompute the deduction under Section 10A by excluding communication expenses from both export and total turnover. It approved applying a turnover filter of ten times the assessee's turnover and excluded companies with abnormal profits. The Tribunal directed the TPO to align comparables' accounting years with the assessee's and endorsed a 25% Related Party Transaction filter. The Revenue's appeal was partly allowed, and the assessee's cross-objection was partly allowed, with certain aspects remanded for further review. en-us Mon, 14 Jan 2019 00:00:00 +0530 Thu, 09 Jan 2020 09:35:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285352 The Tribunal upheld the CIT(A)'s direction to recompute the deduction under Section 10A by excluding communication expenses from both export and total turnover. It approved applying a turnover filter of ten times the assessee's turnover and excluded companies with abnormal profits. The Tribunal directed the TPO to align comparables' accounting years with the assessee's and endorsed a 25% Related Party Transaction filter. The Revenue's appeal was partly allowed, and the assessee's cross-objection was partly allowed, with certain aspects remanded for further review. Case-Laws Income Tax Mon, 14 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285352