https://www.taxtmi.com/caselaws?id=775351 The ITAT Bangalore held that applying an upper turnover filter in transfer pricing comparability analysis is not mandatory and depends on case facts, as turnover disparities affect comparability due to economies of scale. The tribunal directed exclusion of a comparable lacking requisite export turnover per the 75% export filter. Additionally, the ITAT disallowed interest adjustments on outstanding receivables from associated enterprises where payment due dates fell in the subsequent financial year, instructing the AO/TPO to delete such adjustments. en-us Mon, 02 Jun 2025 00:00:00 +0530 Thu, 24 Jul 2025 08:40:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775351 The ITAT Bangalore held that applying an upper turnover filter in transfer pricing comparability analysis is not mandatory and depends on case facts, as turnover disparities affect comparability due to economies of scale. The tribunal directed exclusion of a comparable lacking requisite export turnover per the 75% export filter. Additionally, the ITAT disallowed interest adjustments on outstanding receivables from associated enterprises where payment due dates fell in the subsequent financial year, instructing the AO/TPO to delete such adjustments. Case-Laws Income Tax Mon, 02 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775351