https://www.taxtmi.com/highlights?id=83414 Transfer pricing adjustment rejected assessee's comparable companies in TP study analysis. Directed TPO to examine if companies are functionally comparable, apply applicable filters, and include if comparable. Rejection of comparable solely on higher turnover set aside, directed consistent turnover filter application. Deferred receivables treated as international transaction, remanded to apply bank rate after allowing 60-day credit period. Partly allowed. en-us Wed, 27 Nov 2024 08:58:24 +0530 Wed, 27 Nov 2024 08:58:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=83414 Transfer pricing adjustment rejected assessee's comparable companies in TP study analysis. Directed TPO to examine if companies are functionally comparable, apply applicable filters, and include if comparable. Rejection of comparable solely on higher turnover set aside, directed consistent turnover filter application. Deferred receivables treated as international transaction, remanded to apply bank rate after allowing 60-day credit period. Partly allowed. Highlights Income Tax Wed, 27 Nov 2024 08:58:24 +0530 https://www.taxtmi.com/highlights?id=83414