https://www.taxtmi.com/caselaws?id=395862 The Tribunal directed the exclusion of specific companies from the comparables list due to functional dissimilarities and upheld the CIT(A)'s decision to exclude telecommunication and foreign currency expenses from total turnover for Section 10A deduction. It mandated a 15% RPT filter and instructed the AO/TPO to compute risk adjustments and working capital adjustments accurately. The Tribunal emphasized the need for a detailed order considering all submissions, ensuring proper opportunities for the assessee. en-us Thu, 27 Feb 2020 00:00:00 +0530 Wed, 06 Nov 2024 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395862 The Tribunal directed the exclusion of specific companies from the comparables list due to functional dissimilarities and upheld the CIT(A)'s decision to exclude telecommunication and foreign currency expenses from total turnover for Section 10A deduction. It mandated a 15% RPT filter and instructed the AO/TPO to compute risk adjustments and working capital adjustments accurately. The Tribunal emphasized the need for a detailed order considering all submissions, ensuring proper opportunities for the assessee. Case-Laws Income Tax Thu, 27 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395862